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MARKET SNAPSHOT: U.S. Stocks Climb As Jobless Claims Dip

U.S. stocks rose Thursday, with the Dow Jones Industrial Average closing at another record high, as jobless claims fell to a six-week low, casting a positive spin on the labor front a day before the monthly employment report."The four-week moving average has come down significantly, from 335,000 to 348,000. And it correlates with the ADP number, which is usually a pretty good sign of where we are headed, so another piece of good news that could keep the train rolling," said Art Hogan, market strategist at Lazard Capital Markets.After finishing at a record high on Wednesday for a second day straight, the Dow industrials (DJI) on Thursday rose 33.25 points, or 0.2%, to 14,329.49, with the blue-chip index extending gains into a fifth session. See: Stock bulls versus bears: a 12-chart battleground.Equities have been on a roll on improving housing-market data and growth in corporate earnings, along with support from the Federal Reserve's continuing policy of monetary easing. The Dow is up 9...

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  11. Wall Street set to open higher on Spanish bailout hopes

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  12. Stock futures tick higher on Spanish bailout hopes

    U.S. stock index futures rose in low volume on Tuesday on expectations the Spanish government will soon request a bailout, a step some see as necessary to alleviate ...

  1. Market Wrap for Thursday, March 7: Stocks Record Small Gains; ECB Holds Benchmark Rate Steady

    Strong U.S. jobless claims data and better than expected growth in consumer credit helped the stock market to record small gains on Thursday.The euro was also strong...

  2. PetSmart Drops On Forecast, Downgrade

    PetSmart Inc. fell 6.5%on Thursday after the pet-supplies chain gave a disappointing full-year outlook and PiperJaffray cut its rating on the stock to neutral from o...

  3. TThe U.S. Pet Economy Didn't go to the Dogs

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  5. Nomura Cuts PetSmart To Reduce From Neutral

    Nomura cut its rating of PetSmart Inc. to reduce from neutral early Monday, citing concerns about its e-commerce business, senior management changes and margins. The...

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