Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Patriots Live

7

0

2nd Qtr 12:10

Stocks gain for fifth day on unemployment report

Continue reading below

The Dow set another record after the number of Americans who filed for jobless benefits fell to a six-week low. Bank of America rallied 2.9%. Boeing, up 2.5%, led gains among the biggest US companies. The S&P 500 rose to the highest since Oct. 31, 2007. That index is just 1.4% below a record as the bull market enters its fifth year. Also helping to lift stocks: The European Central Bank’s president stuck to his view that the euro-area­ economy will gradually recover this year. Financial companies rallied the most out of 10 S&P 500 groups. Investors bought shares of companies tied to economic growth, sending energy and technology stocks higher.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com