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U S Stocks Seeing Continued Strength Following Upbeat Jobs Data
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Upbeat Jobs Data Leads To New Record Highs On Wall Street
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U.S. Stocks Move Mostly Higher, Dow Reaches New Record High
WASHINGTON (dpa-AFX) - Following the mixed performance seen in the previous session, stocks moved mostly higher over the course of the trading day on Thursday. With the upward move, the Dow reached another new record closing high.
The major averages saw further upside going into the close, reaching new highs for the session. The Dow jumped 318.19 points or 0.9 percent to 34,548.53, the Nasdaq rose 50.42 points or 0.4 percent to 13,632.84 and the S&P 500 climbed 34.03 points or 0.8 percent to 4,201.62.
The strength that emerged on Wall Street came following the release of a Labor Department report showing first-time claims for U.S. unemployment benefits fell by much more than expected in the week ended May 1st.
U S Stocks Close Starkly Mixed Amid Increase In Bond Yields
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U.S. Stocks Turning In Another Lackluster Performance
WASHINGTON (dpa-AFX) - Stocks have shown a lack of direction over the course of the trading day on Thursday, extending the lackluster performance seen in the two previous sessions. While the tech-heavy Nasdaq has spent the day hovering in positive territory, the Dow and the S&P 500 have been lingering near the unchanged line.
Currently, the major averages are turning in another mixed performance. The Dow is down 29.78 points or 0.1 percent at 31,408.02, while the Nasdaq is up 55.80 points or 0.4 percent at 14,028.34 and the S&P 500 is up 4.18 points or 0.1 percent at 3,914.06.
The chopping trading on Wall Street comes as buying interest seems somewhat subdued following recent strength but traders have also largely refrained from cashing in on the recent gains amid concerns about missing out on further upside.