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Shares have rallied on the world's stock markets at the end of a turbulent week following better than expected jobs figures in the United States. 

More new jobs were created in July than in any of the previous five months. But despite the growth in new jobs, the overall unemployment rate in the United States rose slightly last month. 

On Wall Street, the Dow Jones index closed up more than one and a half per cent. Share prices also rose on the main European markets.

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