U.S. stocks shot up on Friday, pushing the S&P 500 to a 10-month high as the July jobs report was far less bleak than feared, underpinning hopes the economy was on track for recovery.

The Dow Jones industrial average <.DJI> rose 113.81 points, or 1.23 percent, to end unofficially at 9,370.07. The Standard & Poor's 500 Index <.SPX> gained 13.40 points, or 1.34 percent, to finish unofficially at 1,010.48. The Nasdaq Composite Index <.IXIC> put on 27.09 points, or 1.37 percent, to close unofficially at 2,000.25.

(Reporting by Leah Schnurr; Editing by Jan Paschal)

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