Wall Street rallies as debt ceiling fiasco resolves and job numbers exceed expectations

MANHATTAN (CN) - The bulls rallied on Friday as a blockbuster jobs report and the passage of the debt ceiling bill propelled equities forward.

Gains and losses were meager earlier in the week - but following massive employment data released on Friday, all U.S. three indices rallied. By the closing bell, the Dow Jones Industrial Average had gained 669 points, while the S&P 500 had increased 77 points and