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FEB 06, 2014 - TheStreet

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Market Hustle: Stocks Jump on Jobless Claims Report

NEW YORK (TheStreet) -- U.S. stock markets were jumping on Thursday morning as stronger-than-anticipated jobless claims suggested that the labor situation was improving, despite recent weakness in other economic data. The S&P 500 was up 0.77% to 1,765.18, while the Dow Jones Industrial Average was adding 0.81% to 15,564.88. The Nasdaq was increasing 0.98% to 4,050.95. Initial jobless claims for the week ended Feb. 1 fell to 331,000, which was lower than estimates of 335,000. The December U.S. international trade deficit, meanwhile, widened to $38.7 billion ... Read More

Tags: Market Hustle: Stocks Jump on Jobless Claims Report,  Bank Of England Latest News