Thursday, March 8, 2012

Dow Jones futures march 8 2012

Dow Jones futures march 8 2012 : The Dow Jones Industrial Average rose 51 points, or 0.4 percent, at 12,888 in the first 45 minutes of trading. The Standard & Poor's 500 index gained 8 to 1,360. The Nasdaq composite index rose 18 at 2,953.

The market was headed for its second day of gains following a 203-point plunge in the Dow Tuesday, the first triple-digit loss for the index since the start of the year.

Stocks rose Thursday as a small increase in applications for unemployment benefits last week failed to dampen optimism over progress toward easing Greece's debt burden.

The Labor Department said early Thursday that the number of people seeking unemployment benefits rose slightly more than expected last week. The four-week average remained near a four-year low, however, and applications are down 14 percent since October. For the latest updates on the stock market, visit Stock Market Today
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