US STOCKS-Wall Street rallies for second day after claims data

jueves 8 de enero de 2015 10:51 GYT
 

* Initial claims fall by 4,000

* Family Dollar slips after earnings

* Brent crude holds above $51 a barrel

* Indexes up: Dow 1.11 pct, S&P 1.03, Nasdaq 1.01 pct (Adds quote, data)

By Chuck Mikolajczak

NEW YORK, Jan 8 (Reuters) - U.S. stocks climbed on Thursday, after equities snapped a five-day losing skid and data pointed to a labor market that continued to strengthen.

The advance was broad, with 8 of the 10 major S&P sectors gaining at least 1 percent.

Initial claims for state unemployment benefits were slightly above expectations but slipped by 4,000 from the prior week.

"Jobless claims they were about in line, maybe a little weaker than expected but the jobs market still points to jobs growth," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.   Continuación...