March 17, 2016 / 8:08 PM / 19 days ago

US STOCKS SNAPSHOT-Wall St rallies in wake of payrolls report

NEW YORK, Oct 4 (Reuters) - Wall Street surged on Friday after moderate jobs growth in September offered relief from a spate of dismal economic data this week that has rankled markets and fueled concerns the world’s largest economy may be sliding into a recession.

The Dow Jones Industrial Average rose 370.74 points, or 1.41%, to 26,571.78, the S&P 500 gained 41.24 points, or 1.42%, to 2,951.87 and the Nasdaq Composite added 110.21 points, or 1.4%, to 7,982.47. (Reporting by Chuck Mikolajczak Editing by Chris Reese)

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