U.S. stocks rose Friday as the jobs report showed hiring surged in April, creating 263,000, far higher than the 185,000 analysts had expected.

Labor Department also said unemployment dropped to 3.6 percent, beating analysts’ expectations of 3.8 percent and the lowest rate since 1969.

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Ticker Security Last Change %Chg I:DJI DOW JONES AVERAGES 26435.7 +127.91 +0.49% SP500 S&P 500 2941.31 +23.79 +0.82% I:COMP NASDAQ COMPOSITE INDEX 8140.309436 +103.54 +1.29%

Crude oil prices fell. West Texas Intermediate, the benchmark U.S. crude oil, slipped to $61.80 per barrel.

China’s Shanghai Composite closed up 0.52 percent, the Hang Seng added 0.46 percent and Japan’s Nikkei 225 slipped 0.22 percent.

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Britain’s FTSE 100 was up

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