U.S. stocks opened higher on Thursday. The number of initial claims for unemployment benefits last week, less than expected, enhancing market confidence.
At 09:34 on December 9 EST, the Dow Jones industrial average rose 26.15 points to 11,398.63 points, or 0.23%; the Nasdaq composite index rose 12.54 points to 2,621.70 points, or 0.48%; the S & P 500 Index rose 5.66 points to 1,233.94 points, or 0.46%.
The Labor Department reported the week ending December 4 initial claims for unemployment benefits fell by 1.7 million to 42.1 million. Analysts surveyed by Dow Jones Newswires expected a decline of 1.3 million people. Data from 43.6 million the previous week were revised up to 43.8 million.
Employment data on Thursday as investors encouraged. Last week in November nonfarm payrolls report disappointed the market, investors had believed would be strong growth in non-farm employment.
By the Dutch chip equipment maker ASML rose led European stock markets were mostly strong. The company raised its fourth-quarter order volume forecast, saying demand was stronger than expected.
In Asia, the Indian Sensex index fell, the dollar's rise to prevent the rupee appreciation of the hot money betting the inflow to India. South Korean stock market in three years a new high, the Bank of Korea to keep interest rates unchanged.
Dollar against the euro have risen, but fell against the yen exchange rate. Euro-dollar exchange rate fell from Wednesday's $ 1.3261 to $ 1.3232.
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