TSC 21 Posts Mild Gains

Yahoo! and Continental lead the winners.
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TheStreet.com 21 made a slight comeback Thursday, closing up marginally and in line with the broader markets.

The overall market got a boost from the Labor Department's report that initial jobless claims fell to 382,000 in the last week from a revised amount of 405,000. Economists had been calling for a drop to 395,000.

The TSC 21 finished the session up 8 points, or 0.7%, at 1103.17. The

Nasdaq

ended up 18 points, or 1%, at 1912, while the

Dow Jones Industrial Average

added 49 points, or 0.5%, to 9680. The

S&P 500

gained 5 points, or 0.5%, to 1039.

Yahoo!

(YHOO)

and

Continental

(CAL) - Get Report

led the TSC 21 advancers. Yahoo! jumped $3.96, or 10.2%, to $42.75, a day after it said third-quarter earnings beat analysts' estimates. Continental rose $1.72, or 8.8%, to $21.25 after it was upgraded by Morgan Stanley.

Tiffany's

(TIF) - Get Report

and

Best Buy

(BBY) - Get Report

also rose on a day when other retailers reported much-improved September same-store sales results. Tiffany's jumped $2.07, or 5.4%, to $40.77, and Best Buy rose $2.39, or 4.7%, at $53.24. In all, 16 TSC 21 components were higher.

Meanwhile, five components closed lower.

Kohl's

(KSS) - Get Report

dropped the most after it reported that same-store sales missed analysts' estimates. The stock fell $1.88, or 3.4%, to $53.

Level 3

(LVLT)

lost 10 cents, or 1.8%, to $5.36 and

Devon Energy

(DVN) - Get Report

shed 47 cents, or 1%, to close at $48.28.

The TSC 21, which serves as a gauge of economic recovery, is now up 103.17 points, or 10.3%, from its beginning on July 3 at 1000.