NEW YORK (AP) — Upbeat news on employment is lifting stocks at midday, breaking a five-day losing streak for the Standard & Poor's 500 index.
The S&P 500 index gained four points to 1,696 at 12 p.m. Eastern Daylight Time Thursday. The Dow Jones industrial average rose 40 points to 15,313. The Nasdaq climbed 21 points to 3,782.
Unemployment claims fell close to their lowest level in six years last week, the government says.
The Dow and S&P 500 have fallen five consecutive days, spooked by the prospect of a government shutdown. Treasury Secretary Jacob Lew told Congress this week that the Treasury's ability to borrow funds will be exhausted Oct. 17.
Bed Bath & Beyond rose $3.17, or 4 percent, to $77.38. The retailer said Wednesday that its quarterly profit increased 11 percent.
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Buffalo Police have arrested 26-year-old Nicholas Finnegan of South Buffalo and charged him with pushing Russ Ross to his death.
The Niagara County Sheriff's responded to Saunders Settlement Road near Comstock in Cambria Friday night after receiving a tip about a suspected meth lab.
Police say there were 32 burglaries, 20 in Albion, five in Medina, four in Oakfield and three in the City of Lockport.
Firefighters had to withdraw from a smoky fire in Blasdell at a multi-dwelling home on South Park Avenue Friday night because the flames were so intense.
Call 4 Action looked into claims this week that members of BJ's Wholesale Club were paying too much on sales tax on some deeply discounted items.
State Police in Pennsylvania are investigating an alleged pedophile pastor already facing charges in Western New York.