Dow Jones jumps 300 pts; S&P 500, Nasdaq hit record highs as jobless claims ease

The S&P 500 and the Nasdaq hit all-time highs on Thursday, boosted by shares of Tesla and other top-shelf technology firms as data showing fewer weekly jobless claims pointed to a steady recovery in the labor market.

The Dow Jones Industrial Average rose 297.97 points, or 0.88%, in early deals to 34,172.21.

The S&P 500 rose 25.28 points, or 0.60%, to 4,267.12, after hitting a record high of 4,268.67 at the open.

The Nasdaq Composite rose 106.91 points, or 0.75%, to 14,378.64, after clocking a record high of 14,387.60.

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