Wall Street rises on positive Jobs data and ECB cut

FXstreet.com (San Francisco) - The US stocks market has closed Thursday with strong gains as investors' confidence was fueled by the lowest initial jobless claim figures in five years at 324K and the ECB movement to cut rates and open the door to negative deposit rates. The S&P closes at record high and the Nasdaq posted its highest close in 12 years.

The Dow Jones advanced 130.63 points or 0.89% to end the day at 14,831.58. The S&P 500 added 14.89 points or 0.94% to 1,597.59. And the Nasdaq Composite rallied 41.49 points or 1.26% to 3,340.62.