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News Summary: Dow Notches Tenth Straight Advance

By The Associated Press

LONG RUN: The Dow edged higher again Thursday, extending a streak of daily gains to 10. That's the longest since November 1996, when President Bill Clinton was still in the White House.

JOBS: The number of Americans filing for unemployment benefits fell to a five-year low last week, the Labor Department reported, another sign the job market is strengthening.

FINAL SCORES: The Dow rose 83.86 points to close at 14,539.14. The S&P 500 index gained 8.71 points to 1,563.23, a gain of 0.6 percent. It's just two points shy of the peak it reached in October 2007.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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