Markets Continue to Rise, Unemployment Claims Remain Steady
Published at
tarabird/iStock/Thinkstock(NEW YORK) — Wall Street continued in the upwards direction on Thursday, bringing the Nasdaq to an all-time high.
The Dow Jones Industrial Average gained 20.42 to close the day at 18,058.69.
The Nasdaq ended trading at a new record close of 5,056.06, up 20.89 from its open. The index hadn’t closed at a record high in 15 years. The S&P 500 gained 4.97 to finish at 2,112.93.
Unemployment claims held steady last week, the Labor Department said. The latest report showed 295,000 Americans submitting claims, up 1,000 from the previous week, meaning employers aren’t cutting many jobs.
Follow @ABCNewsRadio
Copyright © 2015, ABC Radio. All rights reserved.