Traders were encouraged by the latest encouraging sign in the U.S. job market, a decline last week in the number of people applying for unemployment benefits.
The S&P 500 rose four points, or 0.3 percent, to 1,990 as of
The Dow Jones industrial average gained 67 points, or 0.4 percent, to 17,045. The Nasdaq composite was flat at 4,526.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.42 percent.
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