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Stocks Rally

Indices closed at record levels on Thursday. Financial and energy brands led advancers. Stocks such as Goldman Sachs and JPMorgan Chase as well as Chevron and Exxon Mobil posted gains. Crude oil ticked up. West Texas Intermediate crude tacked on 1.3% today to settle at $53 a barrel. In other news, initial jobless claims decreased last week. Department of Labor data showed new claims declined by 12,000 to 234,000 versus an expected 250,000 claims. Looking ahead, companies such as Knoll, Jasmine International and Ventas will report quarterly figures on Friday.

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