Stocks end higher on tech-led gains as Nasdaq scores another record

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Stocks finished higher Thursday, with tech shares propelling the Nasdaq Composite to its 32nd record close of 2020 and its first finish above the 11,000 milestone. Stocks found support after an unexpected drop in first-time jobless claims and as investors awaited developments on talks between lawmakers and the White House on a fresh round of coronavirus aid. The Dow Jones Industrial Average rose around 186 points, or 0.7%, to close near 27,387, according to preliminary figures, while the S&P 500 advanced around 21 points, or 0.6%, to finish near 3,349. The Nasdaq Composite gained around 110 points, or 1%, finishing near 11,108. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.