Markets Climb to All-Time Highs
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iStock/Thinkstock(NEW YORK) — Rising home sales and an upbeat weekly employment report pushed the markets to all-time highs on Thursday.
The Dow Jones Industrial Average climbed 33.27 to close at a record 17,719.00. The Nasdaq rose 26.16 points to 4,701.87, and the S&P 500 gained 4.03 points closing at a new benchmark of 2,052.75.
A lot of people went home shopping last month. The National Association of Realtors says existing home sales rose about 1.5%– the most brisk pace so far this year.
The number of Americans who filed for unemployment fell by 2,000 last week. The less volatile four week average was also down.
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