More Gains on Wall Street After Positive Unemployment Numbers
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JaysonPhotography/iStockphoto/Thinkstock(NEW YORK) — Thursday marked a third consecutive day of gains for Wall Street, partially bolstered by a positive weekly unemployment report from the Department of Labor.
The Dow Jones Industrial Average finished up 109.14 to a record close of 17,265.99.
The Nasdaq jumped 31.24 to 4,593, while the S&P 500 climbed 9.79, ending the day at an all-time high close of 2,011.36.
The Labor Department reported Thursday that 36,000 fewer Americans claimed unemployment benefits last week. The report also noted the lowest level for insured unemployment since May 2007.
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