US STOCKS-Wall Street ekes out gain as weekly jobless claims fall ...Middle East

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US STOCKS-Wall Street ekes out gain as weekly jobless claims fall
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U.S. stocks advanced slightly on Thursday, as data showing improvement in the labor market helped bolster expectations in the economic recovery and spurred a minor rotation towards stocks seen as more likely to benefit from the rebound. The number of Americans filing new unemployment claims dropped more than expected last week to a 14-month low of 406,000 as pandemic restrictions continue to be lifted, while a separate report showed business spending on equipment picked up speed.

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