Saturday, December 24, 2011

Summary box: Stocks higher on improving jobs (AP)

STOCKS INCH UP: Encouraging economic reports sent stocks slightly higher Thursday. The Dow Jones industrial average rose 61 points to 12,169.

JOBS: Applications for unemployment fell for the third week in a row. The number of people seeking unemployment benefits fell last week to its lowest level since April 2008, the government said.

ECONOMY: The Conference Board's index of leading economic indicators rose strongly in November for the second straight month. The economy is gaining momentum, and the risks of a recession are receding, economists with the business research group said.

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/ap/20111222/ap_on_bi_ge/us_wall_street_summary_box

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