The Dow Jones Industrial Average closed up 52.31 points, or 0.20%, to 26,815.44. The S&P 500 gained 9.67 points, or 0.30%, to 3,246.59, and the Nasdaq Composite added 39.28 points, or 0.37%, to 10,672.27. Volume on U.S. exchanges was 10.43 billion shares, up from 10.04 billion shares on Wednesday.
NEW YORK: Wall Street rallied in a rocky session on Thursday as beaten-down technology shares gained favor after data showing a surge in the sale of new homes revived faith in the economic recovery even as U.S. jobless claims rose unexpectedly.
Stocks also reacted positively to news of efforts to enact further stimulus in Washington, helping lift the S&P to a session high, although the index then turned negative before retracing some gains.
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