Stocks Rise After Economic Data

U.S. stocks rose Thursday after fresh data on the labor market and the trade balance showed that the economic recovery remains on track.

The Dow Jones Industrial Average rose 0.2% and the S&P 500 rose 0.3%, putting it on track for a new record high. The Nasdaq Composite, which set a fresh record high on Wednesday, rose 0.2% as large technology stocks extended their gains.

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