Dow breaks 14,000 for 1st time since 2007

Published On: Feb 01 2013 11:28:41 AM EST
Stocks file 2
(CNN) -

U.S. stocks rallied Friday, with the Dow breaking above 14,000 for the fist time since October 2007 as investors welcomed a batch of strong economic data.

Read: Stocks retreat at end of strong January

The strong advance followed reports on the job market, the manufacturing sector, construction spending and consumer sentiment, which all pointed to a healthy economic recovery.

The U.S. economy added 157,000 jobs last month, fewer than the 180,000 economists were expecting, but investors were encouraged by the government's revisions to its 2012 data. The revisions showed that the economy added 335,000 more jobs in 2012 than originally reported.

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