The U.S. Stock Exchange rose significantly after positive employment statistics were released.

The rise came after 3 days of decline against the backdrop of investor pessimism over inflation.

When markets closed, the Dow Jones industrial index rose 1.86 percent to 31,497.88, while the Nasdaq super-tech index rose 1.55 percent to 12,920.16.

The broader Standard & Poor's 500 index rose 1.95 percent to 3841.86.

Recruitment statistics, published on Friday, were far better than expectations. Unemployment in the United States declined by February to 6.2 percent compared to 6.3 percent in January.