• Dow soars 403 points as jobless claims hit pandemic low and banks deliver strong results

    2 days ago - By Business Insider

    Xinhua/Wang Ying/ Getty Images
    US stocks climbed higher on Thursday as weekly jobless claims hit a pandemic-era low. Last week's claims of 293,000 represented the lowest level since March 2020. Strong results came in from US banks including Morgan Stanley, Bank of America, and Citigroup. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks surged on Thursday after weekly jobless claims hit a pandemic-era low and third-quarter earnings results from banks beat expectations. The Dow Jones Industrial Average jumped by about 400 points. Last week's jobless claims...
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