Specialist Geoffrey Friedman reacts to the Dow Jones industrials average passing 17,000 on the floor of the New York Stock Exchange July 3, 2014. T REUTERS/Brendan McDermid
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Global equity markets advanced Thursday, setting record highs on a surge in U.S. jobs growth that provided a clear sign the American economy is bouncing back strongly from a dismal winter and lifted the dollar to two-week peaks against the yen.The Dow industrials passed the 17,000 milestone and the benchmark S&P 500 rose to within 1 percent of piercing 2,000 after the U.S. unemployment rate fell to its lowest in almost six years. Both indexes recorded new intra-day highs.The dollar was up 0.4 percent against the yen at 102.18 yen, while the dollar index rose by 0.3 percent to 80.225 .
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