Dow up nearly 300 points as jobless claims data deemed ‘welcome news for the Fed’

Dow up nearly 300 points as jobless claims data deemed ‘welcome news for the Fed’

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U.S. stocks bounced back in early trading on Thursday, after the Nasdaq nearly hit a 30-month low a day earlier, as the market looked set to erase some of its recent losses on the second-to-last trading day of the year. The main indexes built on premarket gains after U.S. weekly jobless claims…

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