Encouraging economic reports sent stocks slightly higher Thursday. Banks, energy and technology companies were the biggest gainers. Consumer goods companies traded lower. The number of people applying for unemployment benefits dropped last week to the lowest level since April 2008, and a measure of future economic activity had a big increase last month.
The Dow gained 61.91 points, or 0.5 percent, to close at 12,169.65.
The S&P 500 index gained 10.28 points, or 0.8 percent, to 1,254.
The Nasdaq composite index rose 21.48, or 0.8 percent, to 2,599.45.
For the week:
The Dow is up 303.26, or 2.6 percent.
The S&P 500 index is up 34.34, or 2.8 percent.
The Nasdaq is up 44.12, or 1.7 percent.
For the year to date:
The Dow is up 592.14 points, or 5.1 percent.
The S&P is down 3.64, or 0.3 percent.
The Nasdaq is down 53.42, or 2 percent.