26 Dec 2013
US stocks rise after Christmas
FXstreet.com (Córdoba) - US stocks rose in holiday-thinned trading on Thursday after data showed a decline in weekly jobless claims.
The number of Americans filing new claims for unemployment benefits fell last week by 42,000 to a seasonally adjusted 338,000, printing the largest drop in weekly claims since November 2012.
The Dow Jones industrial average rose 97 points, or 0.6%, to 16,455. The Standard & Poor's 500 Index gained 7 points, or 0.4%, to 1,840. Both the Dow and the S&P 500 closed at record highs on Tuesday. The Nasdaq climbed 11points, or 0.3%, to 4,167.
The advance put the Dow Jones on track for its longest winning streak since March.
The number of Americans filing new claims for unemployment benefits fell last week by 42,000 to a seasonally adjusted 338,000, printing the largest drop in weekly claims since November 2012.
The Dow Jones industrial average rose 97 points, or 0.6%, to 16,455. The Standard & Poor's 500 Index gained 7 points, or 0.4%, to 1,840. Both the Dow and the S&P 500 closed at record highs on Tuesday. The Nasdaq climbed 11points, or 0.3%, to 4,167.
The advance put the Dow Jones on track for its longest winning streak since March.