Stocks End Higher Following Jobs Report

Traders work on the floor of the New York Stock Exchange before the closing bell Monday, Oct. 1, 2007 in New York. Wall Street began the fourth quarter with a huge rally Monday, sending the Dow Jones industrial average above 14,000 and well into record territory for the first time in 2 1/2 months. Stocks were buoyed by a growing belief that the worst of the credit crisis has past. (AP Photo/Mary Altaffer) (Mary Altaffer - AP)

Overseas, European markets advanced following the U.S. jobs report. Britain's FTSE 100 finished up 0.73 percent, Germany's DAX index rose 0.72 percent, while France's CAC-40 rose 0.67 percent. In Asia, Japan's Nikkei stock average closed down 0.16 percent and Hong Kong's Hang Seng index gained 3.18 percent.

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The Dow Jones industrial average ended the week up 170.38, or 1.23 percent, at 14,066.01. The Standard & Poor's 500 index finished up 30.84, or 2.02 percent, at 1,557.59. The Nasdaq composite index ended up 78.82, or 2.92 percent, at 2,780.32.

The Russell 2000 index finished the week up 39.43, or 4.90 percent, at 844.88.

The Dow Jones Wilshire 5000 Composite Index _ a free-float weighted index that measures 5,000 U.S. based companies _ ended Friday at 15,723.69, up 361.67, or 2.35 percent, for the week. Friday's close topped a record set in July. A year ago, the index was at 13,535.05.

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