Stocks End Higher on Thursday After 3-Hour Nasdaq Shutdown (YHOO, HPQ)

Earlier on Thursday the markets were up on positive manufacturing reports in both the US and China and jobless claims that fell close to a multi-year low. A gauge of US economic health was also released today, showing an increase in July and pointing to modest improvement. In the afternoon trading on the Nasdaq was interrupted by a technical issue but resumed a few hours later. Abercrombie & Fitch (ANF) dropped sharply after reporting Q2 earnings that were below expectations. Shares of Yahoo (YHOO) were up after a report that the company's web traffic beat out Google (GOOG) in July.
Average mortgage rates in the US hit the highest level in two years.

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Published on Aug 22, 2013
By InvestorGuide Staff

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