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.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts