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U.S. stocks rallied Friday on fresh signs of a strong labor market, with the Dow Jones Industrial Average ending at a record peak while the bond market dialed back recession fears.
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U.S. employers added 254,000 jobs in September, a sign that economic growth remained solid. The unemployment rate fell to 4.1 percent.
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After 1,080 days as president, Joe Biden on Friday decided to pop in and take questions in the White House briefing room for the first time, striding in with a grin after a strong monthly jobs report and the temporary settlement of a strike by ports workers.
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