Nasdaq up 1 percent as Wall St extends advance

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Reuters NEW YORK
Last Updated : May 02 2013 | 9:40 PM IST

NEW YORK (Reuters) - U.S. stocks extended their advance on Thursday, with the Nasdaq Composite up 1 percent, led by gains in shares of Apple and Gilead Sciences.

The Dow Jones industrial average rose 113.46 points or 0.77 percent, to 14,814.41, the S&P 500 gained 13.95 points or 0.88 percent, to 1,596.65 and the Nasdaq Composite added 34.68 points or 1.05 percent, to 3,333.81.

The broader market was trading higher after strong jobs data and an interest rate cut by the European Central Bank aimed at boosting the euro zone economy.

(Reporting by Rodrigo Campos; Editing by Bernadette Baum)

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First Published: May 02 2013 | 9:23 PM IST

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