S&P 500 rises one per cent as Wall Street hits 5-yr high

US stocks hit five-year highs with each of the three major indexes up at least 1 per cent on Friday, after jobs and manufacturing data showed the economy's recovery is still on track. The Dow Jones industrial average gained 139.22 points, or 1.00 per cent, to 13,999.80. The S& P's 500 Index rose 15.04 points, or 1.00 per cent, to 1,513.15. The Nasdaq Composite Index advanced 35.47 points, or 1.13 per cent, to 3,177.60.