
Stocks snapped their two-day losing streak on Thursday, as tech shares rebounded and market participants cheered the latest round of bank earnings. A surprise drop in weekly jobless claims helped keep the wind at the market's back.
At the close, the blue-chip Dow Jones Industrial Average was up 0.6% at 49,442, the broader S&P 500 was 0.3% higher at 6,944, and the tech-heavy Nasdaq Composite had gained 0.3% to 23,530.