Friday, 27 December 2013

U.S.MARKET UPDATE

U.S. stocks rose on Thursday, with the Dow and S&P 500 ending at record highs as retail shares rallied following strong data about the holiday shopping season.


In a positive sign for economic growth, initial jobless claims fell 42,000 in the latest week, dropping to 338,000 - the lowest level in nearly a month. Analysts had expected 345,000 new claims.

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