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Stocks Jim Cramer Is Watching in the Market Thursday

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Stocks were rising in intraday trading on Thursday as the number of Americans filing for first-time unemployment benefits pointed to a gradual recovery in the labor market and investors focused on potential movement on a stimulus bill that has been deadlocked in Congress for months.

Jobless claims were lower than expected last week as companies ramped up hiring ahead of the critical holiday shopping season. The Labor Department reported that 712,000 Americans filed for first-time jobless benefits in the week ended Nov. 28, down from a revised 787,000 claims the week earlier. 

Curious about what Jim Cramer and his team at Action Alerts PLUS are watching in the markets? Read their market updates.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

WATCH: Everything Jim Cramer Is Watching in Markets Thursday

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