- GOP hopes taking shutdown off the table with budget deal will pay dividends
- Chinese Death Star: The moon cited as the perfect launch pad for ballistic missiles
- Help wanted: Homeland Security plagued by vacancies at the top
- We are not amused: Queen’s protection officers warned to keep ‘sticky fingers’ off the royal cashews
- Unleash the crossbows: Gov. Scott Walker creates new hunting season
- Bubonic plague kills 20 in Madagascar
- G-20 diplomats fell for hacker attack promising nude photos of former French first lady Carla Bruni
- Minnesota guardsman charged with stealing private soldier data for fake IDs
- Florida appeals court rules universities can’t regulate guns
- Vladimir Putin defends Russian conservative values
Stocks gain after unemployment claims fall
Gains for technology companies helped push the technology-heavy Nasdaq composite higher. The index advanced 43 points, or 1.3 percent, to 3,343.
Stock are rebounding after a slump Wednesday, when reports of slower manufacturing growth and hiring dragged down markets.
In government bond trading, the yield on the 10-year note rose to 1.64 percent after falling to a low for the year of 1.63 percent Wednesday. Stocks fell even after the Federal Reserve reaffirmed its plan to continue its aggressive stimulus program, which is now five years old.
The price of crude oil rose $2.20 to $93.31 a barrel, up 2.5 percent. The price of gold rose $21.40, or 1.5 percent, to $1.467.60 an ounce. The U.S. dollar gained against the euro after the European Central Bank cuts its benchmark interest rate a quarter of a percentage point to 0.5 percent. The euro fell a penny against the dollar to $1.3066.
By Mangosuthu Buthelezi
- NAPOLITANO: A conspiracy so vast
- Obama's Afghanistan experts stumped on U.S. death toll, war costs during hearing
- House pushes through two-year Ryan-Murray budget deal
- Comma on!: Twitter erupts over Obama-Castro 'marriage'
- Obama takes 'selfie' at Mandela's funeral service
- Biden guarantees victory on immigration reform
- Chinese man fed up with his girlfriend's shopping jumps to his death
- Rand Paul: Budget deal 'shameful,' 'huge mistake'
- N. Korean news agency: Kim Jong Un's uncle executed
- U.S. debt jumps a record $328 billion tops $17 trillion for first time
Independent voices from the The Washington Times Communities
Chef Mary Moran discusses the food we eat, where it comes from and what it does for us.
Extraordinary day at Redskins Park
White House pets gone wild!
Let it snow