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The Dow Jones industrial average was broadly higher Friday following a Labor Department report showing strong job growth in January. It was the best month for job creation since December 2000, though not as strong as expected. That soothed investor fears that interest rates would rise sooner rather than later, one analyst said. Ad stocks, meanwhile, were little changed.

Tom Schrader, head of listed trading at Legg Mason in Baltimore, said the market performance was weak enough that the Federal Reserve “won’t have to raise rates as fast or as soon as some people anticipated.”

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