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Dow ends nearly 350 points higher as oil prices pull back, jobless claims fall

35804 dow ends nearly 350 points higher as oil prices pull back jobless claims fall

Stocks extended gains into the closing bell Thursday, with the S&P 500 and Nasdaq Composite reclaiming all of the previous day’s losses and then some. Equities bounced as oil futures pulled back after ending around two-week highs and data showed the number of first-time jobless claims fell to their lowest since 1969. The Dow DJIA, +1.02% closed with a gain of around 349 points, or 1%, near 34,708, according to prelminary figures, while the S&P 500 SPX, +1.43% jumped around 64 points, or 1.4%, to finish near 4,520. The Nasdaq Composite COMP, +1.93% advanced around 269 points, or 1.9%, ending near 14,192.

Source: Marketwatch

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