NEW YORK, April 12 (UPI) -- U.S. stock markets rebounded for a second day Thursday following gains in Asia and flat stock performances in Europe.
The Labor Department said first-time jobless benefit claims rose by 13,000 in the week ended Saturday. It was the second weekly increase in 11 weeks. Investors were caught by surprise, however, as the consensus forecast called for a decline of 12,000 in first-time claims.