While you were sleeping Record dance goes on

Thu, 11 Apr 2013

By Margreet Dietz April 12 (BusinessDesk) - Wall Street advanced, pushing the Dow Jones Industrial Average and the Standard & Poor's 500 Index to record highs, after a better than-expected report on US jobless claims. There was a sigh of relief after Labor Department data showed that initial jobless claims fell by 42,000 to 346,000 in the week ended April 6, from a revised 388,000 in the previous week. Economists surveyed by Bloomberg had predicted a decline to 360,000, while those polled by Reuters had forecast a drop to 365,000. Today's da...

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