Wall Street Closes with Gains Following Worker Productivity, International Trade Reports
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iStock/Thinkstock(NEW YORK) — It was a fourth consecutive day of gains on Wall Street on Thursday, while the U.S. Department of Commerce released its latest report on American international trade.
The Dow Jones Industrial Average jumped 211.86 to a close of 17,884.88 on Thursday.
The Nasdaq climbed to 4,765.10, up 48.40 from open, while the S&P 500 gained 21 to a finish of 2,062.51.
The U.S. Labor Department released data on Thursday indicating decreased labor productivity for the fourth quarter of the 2014 fiscal year. Output increased 3.2 percent, while hours worked increased by 5.1 percent.
Also announced on Thursday, the international trade in December saw the trade deficit climb to its highest level in over two years. According to the Commerce Department, exports fell to $194.9 billion while imports climbed to $241.4 billion.
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