Stocks opened moderately higher Thursday, a day after stocks staged an extraordinary reversal and after weekly figures on workers seeking unemployment figures suggested the job market is holding up.
Investors will try as the trading day unfolds to determine whether the market's late-day comeback Wednesday was in part due to technical reasons or whether it represented any shift in sentiment.
A Labor Department report appeared to offer Wall Street some room for optimism. The number of people seeking unemployment benefits fell for a fourth straight week. Applications for benefits dropped by 1,000 to 301,000 last week _ pushing claims down to the lowest level in …
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