U.S. stocks rose on Thursday, extending the market's recent rebound, as chipmakers and big growth names advanced.
Register now for FREE unlimited access to Reuters.comData earlier showed the number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink."The initial jobless claims numbers were impressive and earnings were solid on some of these opening-back-up type companies. The overall flavor is giving people a little more sense of normalcy.
Investors watched for the next developments in the Ukraine-Russia crisis. Western leaders have agreed to increase military aid to Ukraine and tighten sanctions on Russia whose invasion of its neighbor entered a second month.
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