Stock Market Today: Big Tech Powers Positive Session for Stocks

The Nasdaq led the major indices higher Thursday amid gains in mega-cap technology stocks such as Apple (AAPL) and Microsoft (MSFT).

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(Image credit: Getty Images)

Stocks got off to a slow start following this morning's weekly jobless claims update, but managed to gain ground on a strong day for Big Tech.

The number of people filing for unemployment benefits in the U.S. last week rose to 744,000 from 728,000, the Labor Department said in its Thursday report.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.