Stocks Rise as Recession Fears Ease

Indexes extended Wednesday's rally amid a drop in jobless claims and news of an economic stimulus package. Microsoft's results topped forecasts

Major U.S. stock indexes finished solidly higher on Thursday, extending Wednesday's late rally. News of an agreement between House leaders and the White House on an economic stimulus package, and a drop in weekly jobless claims helped spur buying, says S&P MarketScope.

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