Wall Street continued its steady march upward after strong unemployment data, while growth talk bolstered European markets.

US jobless claims fell to 332,000 in the week to March 10 and while that’s only down 10,000, it’s still a five-year low. A great outcome following the surge in payrolls we saw last week and a good omen of things to come.

As I write though, US stocks have only got a modest bid, with the S&P 500 up 0.6 per cent (1562) and only a couple of points away from a new record. The Dow is 84 points higher (14,539) and the Nasdaq 0.4 per cent higher (3259).


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