UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Markets close higher Thursday

|
 
 
License photo
Published: April 26, 2012 at 6:10 PM

NEW YORK, April 26 (UPI) -- Stocks closed higher in New York Thursday after the U.S. Labor Department said first-time unemployment benefit claims dropped marginally in the week.

It was the second consecutive week of marginal gains with 2,000 fewer claims filed in the previous week and 1,000 fewer in the week that ended Saturday.

The four-week rolling average for first-time claims came to 381,750, an increase of 6,250 from the previous week.

By close of trading, the Dow Jones industrial average added 113.90 points or 0.87 percent to 13,204.62. The tech-dominated Nasdaq composite index gained 20.98 points or 0.69 percent to 3,050.61. The Standard and Poor's 500 index gained 9.29 points or 0.67 percent to 1,399.98.

On the New York Stock Exchange, 2,059 stocks advanced and 969 declined on a volume of 3.7 billion shares traded.

The 10-year treasury note fell 1/32 to yield 1.944 percent.

The euro fell to $1.3192 from Wednesday's $1.3217. Against the yen, the dollar fell to 81 yen from Wednesday's 81.34 yen.

In Tokyo, the Nikkei 225 index added 0.01 percent, 0.82, to 9,561.83.

In London, the FTSE 100 index gained 0.52 percent, 29.83, to 5,748.72.

Recommended Stories
© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Business News Stories
1 of 16
Flags-In Ceremony at Arlington National Cemetery
View Caption
Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch
fark
Photoshop these dudes and this deer
NPR asks the question: Who drinks water better -- dogs, cats, or pigeons? FIGHT
Who lives under 1,500 lbs. of pineapples in Jersey City?
I know it doesn't quite seem possible, but it turns out there actually are douchebags out there...
Topless bisexual women wrestling in mud and kissing...are just a few of the things you will not...
Police solve homelessness once and for all. Key strategy: Take sleeping bags, food, and any other...