Alphabet Inc rallied 3.8% and Microsoft climbed 2.6%, with both leading the gains and powering the S&P 500 higher. The Labor Department’s data showed that the initial jobless claims fell to a seasonally adjusted 228,000 for the week ended April 1, sending upbeat signals to investors. The S&P 500 increased 0.36% to end at 4,105.02 points, the Nasdaq gained 0.76% and Dow Jones Industrial Average rose 0.01%.
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