NEW YORK - U.S. stocks extended gains on Friday, with the Dow Jones industrials trading above 14,000 for the first time since October 2007, as jobs and manufacturing data pointed to a stronger U.S. economy.

The Dow Jones industrial average rose 133.89 points or 0.97 percent, to 13,994.47, the S&P 500 gained 12.09 points or 0.81 percent, to 1,510.2 and the Nasdaq Composite added 24.44 points or 0.78 percent, to 3,166.58.

The Dow hit a session high of 14,000.97, a level not seen since Oct. 17, 2007, up more than 1 percent on the day.