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Wall Street surges on US jobs data, global equity markets regain ground

By Suzanne Barlyn NEW YORK (Reuters) - Wall Street and a gauge of global equity markets rose on Friday as investors cheered signs of economic strength in a report that showed faster-than-expected U.S. jobs growth, data that initially stoked inflation concerns. The session was marked by frantic trading across the globe. Asian markets dropped overnight. MSCI s all-country index was on its longest losing streak in six months before clawing back. All Wall Street s main indexes closed higher, bouncing back from early losses. Investors were spooked this week by rising interest rates, which offset optimism about an economic rebound. Microsoft rallied 2.2%, the biggest boost for the S&P 500.

Is $3 a gallon gas in our future? - Delaware Business Now

Delaware gas price rose by eight cents a gallon during the past week due to a combination of rising crude prices, tightening gas supplies, and increased gas demand, Wilmington-based AAA-Mid Atlantic reported. Gas prices of $2.76 a gallon were commonplace in Delaware at Wawa and Royal Farms sto

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