US Stocks Hit Record High, Jobless Claims Decline

The Dow and the S&P 500 hit record highs during Thursday’s trading day and at the close. Investors were cheered by some strong corporate earnings reports, encouraging data on the job market, and reassurances from the head of the U.S. central bank.
A Labor Department report showed the number of Americans signing up for unemployment assistance dropped to its lowest level in two months. Jobless claims fell 24,000 to a nationwide total of 334,000.
Economists use unemployment …

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