FAIRFIELD-SUISUN, CALIFORNIA

Business and Real Estate

Deal news, jobless claims push stocks higher

NEW YORK — Another quiet day, another quiet record.

Stocks rose modestly Thursday, sending the Standard & Poor’s 500 index to another record high. Investors rallied behind a bidding war in the food industry as well as a somewhat positive report on the U.S. labor market.

The S&P 500 rose 10.25 points, or 0.5 percent, to 1,920.03, closing above Tuesday’s record of 1,911.11. The Dow Jones industrial average rose 65.56 points, or 0.4 percent, to 16,698.74 and the Nasdaq composite rose 22.87 points, or 0.5 percent, to 4,247.95.

The Associated Press

The Associated Press

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