Wall Street rises 1 percent on jobs, Europe (Reuters)

NEW YORK (Reuters) ? Major stock indexes rose more than 1 percent on Friday after data showed the U.S. jobless rate dropped to a 2-1/2 year low and as policymakers appeared to move closer to tackling Europe's debt crisis.

The Dow Jones industrial average (.DJI) gained 121.24 points, or 1.01 percent, to 12,141.27. The Standard & Poor's 500 Index (.SPX) gained 15.10 points, or 1.21 percent, to 1,259.68. The Nasdaq Composite Index (.IXIC) gained 32.59 points, or 1.24 percent, to 2,658.79.

(Editing by Kenneth Barry)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20111202/bs_nm/us_markets_stocks

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