- U.S. stocks rose for a third straight day on Thursday as comments from several Federal Reserve officials eased fears that the central bank would begin to reduce its stimulus efforts in the near future.
- Jobless claims decreased to 346,000 from a revised 355,000
- Household purchases, which account for about 70 percent of the economy, rose 0.3 percent last month
- The S&P 500 was on track for its best three-day run since January, bolstered by economic data showing a decline in weekly jobless claims and improvements in consumer spending and income.
Categories: Capital Markets