U.S. stocks soared Thursday, with the Dow Jones Industrial Average closing with a 400-plus point change for a fourth day, a first for the average, continuing Wall Street’s craziest week since 2008. after a drop in first-time jobless claims calmed nerves about the economy.
The Labor Department reported applications for jobless benefits declined by 7,000 last week to 395,000 — the lowest number of initial claims since early April.
The Labor Department reported applications for jobless benefits declined by 7,000 last week to 395,000 — the lowest number of initial claims since early April.
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