(Reuters) - A separate report showed the number of Americans applying for first-time jobless benefits fell more than expected last week, suggesting continued labor market strength.
Financial markets largely dismissed the data, but better-than-expected June sales results from U.S. retailers helped give a big lift to U.S. stocks. The Dow Jones industrial average closed at a record 13,861.81 on its biggest point gain in 4-3/4 years.
Read more at Reuters.com Bonds News
Financial markets largely dismissed the data, but better-than-expected June sales results from U.S. retailers helped give a big lift to U.S. stocks. The Dow Jones industrial average closed at a record 13,861.81 on its biggest point gain in 4-3/4 years.
Read more at Reuters.com Bonds News
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