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US Stocks Rally as Investors Remain Optimistic About Economic Recovery

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US stocks surged on Friday as investors remained optimistic about the strength of the economic recovery. The S&P 500 and Dow Jones Industrial Average both closed at record highs, marking the end of a volatile week. Investors pushed up technology shares, with tech-heavy Nasdaq Composite also posting gains. Market participants closely watched economic data releases, including reports on consumer sentiment and manufacturing activity. The positive sentiment was bolstered by a decline in weekly jobless claims, signaling a gradual improvement in the labor market.