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 two points, or 0.1 percent, to 1,988 as of
The Dow Jones industrial average gained 29 points, or 0.2 percent, to 17,008. The Nasdaq composite rose three points, or 0.1 percent, to 4,528.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.42 percent.
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