U.S. stocks open higher on Thurday, as stimulus hopes increase after disappointing jobless claims. The Dow Jones Industrial Average lately advanced 139.80 points, or 0.45%, to 31,200.27. The S&P 500 rose 8.88 points, or 0.23%, to 3,818.72. The Nasdaq Composite added 45.92 points, or 0.35%, to 13,174.87.
Oil futures lost ground on Thursday, as investors reacted to data that showed a December slowdown in the pace of Chinese crude imports. West Texas Intermediate crude for February delivery fell 33 cents, or 0.6%, to $52.58 a barrel. March Brent crude dropped 40 cents, or 0.7%, to $55.66 a barrel.
Initial jobless claims filed traditionally through the states leaped by 181,000 to a seasonally adjusted 965,000 in the seven days ended Jan. 9, the government said Thursday. It was the highest level since August.
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