Stocks Rally on Claims, Dividend News

Good news arrived from first-time unemployment filings, the credit markets and a few big Dow leaders. Oil closed at a record, above $80 per barrel

Major U.S. stock indexes moved solidly higher Thursday following a better-than-expected reading on a key labor market indicator and bullish news involving three members of the Dow Jones industrial average: McDonald's (MCD), General Motors (GM), and Microsoft (MSFT).

To continue reading this article you must be a Bloomberg Professional Service Subscriber.