How The Major Stock Indexes Fared On Thursday

The Associated Press

An encouraging report on the labor market and better sales from Costco and other retail stores helped push the stock market higher Thursday.

The government said that 367,000 Americans sought unemployment benefits for the first time last week. That's an increase from the previous week but fewer than economists had forecast.

The Dow Jones industrial average rose 80.75 points, or 0.6 percent, to close at 13,575.36.

The S&P 500 index rose 10.41, or 0.7 percent, to 1,461.40.

The Nasdaq composite rose 14.23, or 0.5 percent, to 3,149.46.

For the week:

The Dow is up 138.23, or 1 percent.

The S&P 500 is up 20.73, or 1.4 percent.

The Nasdaq is up 33.23, or 1.1 percent.

For the year:

The Dow is up 1,357.80 points, or 11.1 percent.

The S&P 500 is up 203.80 points, or 16.2 percent.

The Nasdaq is up 544.31 points, or 20.9 percent.

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 This material may not be published, broadcast, rewritten or redistributed.

More from Opinion

Throwback Thursday: Intel Edition

Throwback Thursday: Intel Edition

Intel's Next CEO Should Try Harder to Protect Its Flanks Against AMD and Others

Intel's Next CEO Should Try Harder to Protect Its Flanks Against AMD and Others

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

3 Warren Buffett Stock Picks That Could Be Perfect for Your Retirement Portfolio

Wednesday Wrap-Up: GE and Facebook

Wednesday Wrap-Up: GE and Facebook

PayPal Strikes Again, Facebook, and AT&T -- 3 Tech Stories You Must Know

PayPal Strikes Again, Facebook, and AT&T -- 3 Tech Stories You Must Know