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 15
138th Preakness Stakes in Baltimore, Mayland
View Caption
Race fans enjoy a shot in the infield during the 138th Preakness Stakes at Pimlico Race Course on May 18, 2013 in Baltimore, Maryland. Kentucky Derby winner Orb is looking for a Triple Crown possibility with a win today at Pimlico. UPI/Kevin Dietsch
fark
Dallas Mavericks owner Mark Cuban looking for fan submissions for new uniforms. Surely Fark can...
Where eternal damnation for gays never made sense, Twitter users going to hell is perfectly reasonable...
Defense lawyers argue with Court over sentencing rapist cop who committed suicide in jail: "I can't...
America has found a way to pay for all that Chinese crap she buys. Soybeans. Ironic tag because...
Five tech stocks you should have bought instead of Facebook. AOL? Really?
Supercell with confirmed tornado bearing down on Wichita as severe weather outbreak begins in plains...