Stocks surged Thursday morning after another strong batch of earnings and some encouraging signs of growth in Europe.
Investors largely wrote off a jump in weekly jobless claims that was likely skewed by seasonal factors. Instead they are focused on earnings from a broad range of companies that demonstrate businesses are not seeing a slowdown in the recovery that economic data would otherwise indicate. Corporate dealmaking also gave investors hope the pace of the rebound will pick up.
The Dow Jones industrial average rose more than 200 points in morning trading. Broader indexes rose more than 2 percent. Interest rates surged as investors exited the bond …
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