A burst of buying Friday in U.S. stocks defied slumps in other markets and offered hope for investors shaken by geopolitical turmoil. Major U.S. stock indexes closed up around 1 percent, buoyed by signs that tensions in Ukraine might be easing.
News that U.S. employers added workers at a good clip for the fourth month in a row helped send the stock market higher Friday. The Standard & Poor's 500 index notched another record high, its eighth in the past 10 days.
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