Watch CBS News

Labor Dept. report boosts Wall Street

Wall Street opened higher Thursday. The Labor Department's weekly unemployment claims numbers are encouraging investors. While slightly more people applied for jobless benefits last week, the monthly average indicates companies are laying off fewer workers and could step up hiring in the coming months.
View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.