Nasdaq and S&P Have Best Day Since January 2013
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iStock/Thinkstock(NEW YORK) — Strong earnings helped the markets soar on Thursday.
The Dow Jones Industrial Average went up 216.58 points, closing at 16,677.90.
Thursday was the best day for the Nasdaq and the S&P 500 since January 2013. The Nasdaq gained 69.94 points, closing at 4,452.79, and the S&P climbed 23.71 points to 1,950.82.
After falling to a 14-year low, more people filed for unemployment last week. The Labor Department says despite the increase of 17,000, applications are still at historically low levels, which suggests hiring is strong.
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