June 5th, 2009 12:06 PM by Ron Mastrodonato
Stocks advanced Thursday after a report showed jobless claims fell last week and banks gained.
The Dow Jones Industrial Average rose about 75 points, or 0.9 percent. The S&P 500 gained 1.1 percent and the Nasdaq added 1.3 percent.
This came after stocks snapped a four-day winning streak Wednesday after a trio of weak economic reports tarnished the shine on recovery hopes.