Stock Market Today: Dow, Small Caps, Oil Move Higher; Defense Firms Gain As Valero Clears Base (Live Coverage)

The Dow Jones Industrial Average held to higher ground Thursday, paring its lag behind surging small caps, as major stock indexes were mixed in the wake of higher-than-expected initial jobless claims. Chip stocks mostly fell hard, pressuring the Nasdaq, while a broad range of retailers enjoyed stout gains on the stock market today. The Dow clipped some of its gains…

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