The Hunt for the Next 10 Bagger

[RULiquid]

U.S. stocks rise; S&P 500, Dow hit record
Weekly jobless claims drop; August housing starts disappoint

NEW YORK (MarketWatch) — U.S. stocks extended gains on Thursday, sending the S&P 500 and Dow Jones Industrial Average to record intraday high levels, a day after the Federal Reserve decided to remain committed to low interest rates.

Investors cheered China’s efforts to boost economic growth, while upbeat jobs data outweighed weakness in U.S. housing.

Applications for jobless benefits dropped to the lowest level since mid-July, however, construction started on new U.S. homes tumbled in August, pulling back after a surge in July.

Separately, U.S. manufacturers in the Philadelphia region continued to do brisk business in September as hiring intentions rose to a 31-year high, a strong signal that companies expect growth to improve over the rest of the year. http://www.marketwatch.com/story/us-stocks-futures-gain-on-china-stimulus-housing-starts-ahead-2014-09-18