Nasdaq hits record high as U.S. economy shows signs of rebound
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(Reuters) - The Nasdaq Composite on Friday became the first of the three major U.S. stock indexes to bounce back to a record high, recovering from a stunning coronavirus-led slump on growing hopes of a swift economic rebound.Wall Street has surged following a crash into bear territory in March as investors bet on a revival in business activity with the easing of a nationwide lockdown imposed to contain the coronavirus.Data on Friday showed a surprise rise in U.S. jobs in May, offering the..