S&P 500 rises one percent as Wall Street rallies

NEW YORK (Reuters) - U.S. stocks hit five-year highs with each of the three major indexes up at least 1 percent on Friday, after jobs and manufacturing data showed the economy's sluggish recovery is still on track.

The Dow Jones industrial average <.dji> gained 139.22 points, or 1.00 percent, to 13,999.80. The Standard & Poor's 500 Index <.spx> rose 15.04 points, or 1.00 percent, to 1,513.15. The Nasdaq Composite Index <.ixic> advanced 35.47 points, or 1.13 percent, to 3,177.60.

(Reporting by Chuck Mikolajczak; Editing by Kenneth Barry)

Source: http://news.yahoo.com/p-500-posts-biggest-monthly-gain-since-october-001324077--sector.html

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