NEW YORK (AP) — Stock prices are rising as investors were encouraged by a decrease in claims for unemployment benefits last week and positive news from companies reporting earnings.

The Labor Department said applications for unemployment benefits fell last week to the second-lowest in more than five years.

The Dow Jones industrial average was up 70 points to 14,735 points at noon Thursday, or 0.5 percent.

The Standard & Poor's 500 index rose nine to 1,588, a gain of 0.6 percent. The Nasdaq composite was up 27 to 3,296, or 0.8 percent.

Dow Chemical's profits rose even as revenue slipped because the company cut costs and paid down debt. The stock increased 4 percent.

Royal Caribbean rose 7 percent as more people booked vacations compared with the same period a year ago.

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.

 

FAQs

Email

If you have any questions or concerns please email us on support@news.net

Phone

  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.

Cancel