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

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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.

This article was originally published by Marketwatch.com. Read the original article here.

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