How major US stock indexes fared Thursday, 2/8/2024

Stocks held near record levels on Wall Street as evidence kept piling up to show the job market remains remarkably solid

Stocks held near record levels on Wall Street as evidence kept piling up to show the job market remains remarkably solid.

The S&P 500 edged up 0.1% Thursday, just a few points shy of closing above the 5,000 level for the first time. The Dow rose 0.1%, and the Nasdaq composite was 0.2% higher.

The latest show of strength for the economy came from a report indicating fewer workers applied for unemployment benefits last week than expected. The Walt Disney Co. jumped after reporting stronger profit for the latest quarter than analysts expected.

On Thursday:

The S&P 500 rose 2.85 points, or 0.1%, to 4,997.91.