Nasdaq Composite jumps 159 points, S&P 500 at new high

NEW YORK, New York - The Nasdaq Composite did best on Friday as demand for technology stocks rebounded. The Standard and Poor's 500 closed at a new record high, while the Dow Jones index lost ground.

Friday's November labor report revealed nonfarm payrolls increased by 227,000 last month, above the Dow Jones forecast of 214,000 and well above October's upwardly revised gain of 36,000. The unemployment rate edged