US stocks close higher for third-straight day despite unexpected jump in jobless claims
The number of Americans seeking unemployment benefits rose to 419,000 last week from 368,000 the previous week, upending analyst predictions of a drop to 350,000
4:05pm: US equities close higher
US stocks closed higher for a third-straight day despite an unexpected jump in jobless claims.
Tech stocks led the market higher as optimism about the sector grows ahead of big earnings reports next week for some of the largest names.
On the day, the Dow rose a slight 0.07% to 34,823. The S&P 500 increased 0.20% to 4,367 and the tech-heavy Nasdaq jumped by 0.36% to 14,684.
Wall Street starts in the green
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US stocks sharply higher in midday trading on strong earnings
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Wall Street lower at noon as jobless claims unexpectedly rise
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