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U.K. Stocks Rally to Five-Year High on U.S. JObs Data

U.K. stocks rallied to the highest level in more than five years as reports showed that U.S. employers added more jobs, Chinese exports surged and Japan’s economy returned to growth.

Vodafone Group Plc rallied 3.2 percent as Bank of America Corp. reiterated its buy recommendation on the mobile-phone company. HSBC Holdings Plc led a rally in banks, climbing 2.6 percent. Evraz Plc, Russia’s largest steelmaker, jumped 5.6 percent for the biggest increase on the FTSE 100 Index.