(NEW YORK) — The markets were up Thursday on better-than-expected reports on jobless claims and retail sales.
The Dow closed up 81 points at 13,575. The Nasdaq gained 14 points, climbing to 3,149. The S&P added 10 points and closed at 1,461.
Job seekers still may be having a hard time finding work, but it could be harder. The Labor Department says the number of Americans who applied for first-time unemployment benefits last week jumped by 4,000 from the week before. Analysts say that’s in line with a soft job market, but not one that’s collapsing.
The September unemployment numbers are due out on Friday.
Copyright 2012 ABC News Radio
Susan Scutti, CNN
Matt McFarland, CNN
Julia Horowitz, CNN