A jump in exports lifted stocks Thursday, offsetting concerns about an increase in unemployment claims. The market came away with moderate gains for the day after the Commerce Department said rising exports helped narrow the nation's trade gap to $32.9 billion in October. Economists had been expecting an increase. That eased concerns about an increase in the number of people seeking jobless benefits last week.
The Dow Jones industrial average rose 68.78, or 0.7 percent, to 10,405.83.
The Standard & Poor's 500 index rose 6.40, or 0.6 percent, to 1,102.35.
The Nasdaq composite index rose 7.13, or 0.3 percent, to 2,190.86.
For the week:
The Dow is up 16.93, or 0.2 percent.
The S&P is down 3.63, or 0.3 percent.
The Nasdaq is down 3.49, or 0.2 percent.
For the year:
The Dow is up 1,629.44, or 18.6 percent.
The S&P is up 199.10, or 22 percent.
The Nasdaq is up 613.83, or 38.9 percent.