The gains were supported by a report showing the number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to a strengthening labor market. Separately, the
Saut said unless a decline materialized this week, "It's probably not going to come back below 1,890 - 1,900 (level), which is where the near term support is."
Citi analysts said the U.S. economy could grow nearly 4 percent in the second quarter while
The Dow Jones industrial average rose 16.96 points or 0.1 percent, to 16,650.14, the S&P 500 gained 5.63 points or 0.29 percent, to 1,915.41 and the Nasdaq Composite added 14.40 points or 0.34 percent, to 4,239.47.
The U.S. 10-year note yield brushed against 2.40 percent to hit its lowest since last June, on expectations of further policy easing by the
Shares of cyber security software maker
Apple shares gained 1.8 percent to
22:13 LOCAL TIME
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