Business

News Summary: Dow has best day in over a month

By The Associated Press
Published August 3, 2012 8:57pm ET
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STOCKS UP: The Dow Jones industrial average shot up 217 points, making it the index’s best day in over a month.

JOBS UP: Investors cheered the Labor Department’s closely watched monthly jobs report, which showed U.S. employers added 163,000 jobs last month, far more than the 100,000 economists were expecting. From April through June, the economy added an average of just 73,000 jobs a month.

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