Thursday
Feb232012
Jobless Claims Unchanged; Stocks Rebound
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ABC News(NEW YORK) -- An encouraging weekly jobs report helped to keep the markets in positive territory Thursday.
After Wednesday's drop, the Dow recovered, closing up 46 points Thursday. The Nasdaq added 24 and the S&P gained 6.
Jobless claims remained unchanged last week, according to the latest data. The four-week average -- which analysts say is a more realistic picture of the job market -- hit a four-year low.
Copyright 2012 ABC News Radio
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