Join the NASDAQ Community today and get free, instant access to portfolios, stock ratings, real-time alerts, and more! Benchmarks finished in the green on Thursday, boosted by gains in technology shares and upbeat jobless claims data. Meanwhile, the Dow was helped by gains made by Wal-Mart, which moved northward following an encouraging earnings report. However, the controversy relating to investigation into former National Security Adviser Mike Flynn's involvement with Russian sources kept investors cautious.

The Dow Jones Industrial Average DJI gained 0. The tech-laden Nasdaq Composite Index advanced 0.

A total of around 8. The fear-gauge CBOE Volatility Index VIX closed at Advancers outnumbered declining stocks on the NYSE by a 1. Technology stocks rebounded on Thursday following expectations regarding changes to the US tax code that would allow companies to repatriate overseas funds to the US at a lower rate.

Earlier, Trump administration had released a short tax-reform plan which included provisions for "one-time tax on trillions of dollars held overseas. Gains in technology stocks had a positive impact on the Nasdaq. The broader Technology Select Sector SPDR XLK advanced 0. AAPL and Facebook Inc.

Moreover, shares of Amazon. The rise in the shares of the tech shares had a positive impact on the broader markets. Shares of Wal-Mart Stores Inc. However, revenues of the company marginally lagged the Zacks Consensus Estimate. Wal-Mart is delivering positive comps at Wal-Mart U. Moreover, traffic improved for the ninth consecutive quarter, owing to the company's efforts to modernize stores for higher footfall and improvement in consumer spending.

Strong performance from Wal-Mart had a positive impact on investors' sentiment, which ultimately had a positive impact on the Dow. As per the Labor Department, seasonally adjusted initial jobless claims decreased toin the week ending May This is the second lowest weekly reading since the economy began to recover almost eight years ago. The figure saw a decline of 4, from the previous week's unrevised level ofThe four week moving average was recorded at , a decrease of 2, from the previous week's unrevised average.

Moreover, continuing claims declined by 22, to 1.

Strong economic data had a positive impact on the investors' confidence which ultimately had a positive impact on the broader market. Meanwhile, investors kept a close watch on the political crisis that heightened following the controversy relating to investigation into former National Security Adviser Mike Flynn's involvement with Russian sources.

According to a memo written by former FBI Director James Comey, Trump had tried to stop the FBI from probing into former National Security Adviser Michael Flynn's connections with Russia.

As per a Reuters' report released on Thursday, Michael Flynn and other members of Trump's campaign team had exchanged a minimum of eighteen phone calls or emails with Russian sources during the presidential campaign in market capitalization of shanghai stock exchange Meanwhile, former FBI head Trade journal spreadsheet download Mueller was appointed by Deputy Attorney General Rod Rosenstein to probe possible collaboration between the Trump campaign and Russia as special counsel.

Hibbett Beats on Q1 Earnings, Lowers FY18 Forecast. HIBB came out with first-quarter fiscal results, wherein both top and bottom lines declined year over year.

GPS reported solid first-quarter fiscal results, wherein both earnings and cash flow statement example excel sheet topped estimates. Salesforce Up on Q1 Earnings Beat and Upbeat Guidance. CRM went up in the after-hours trade yesterday following better-than-expected results for first-quarter fiscal While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

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Dow Boosted By Wal-Mart Stores Shares of Wal-Mart Stores Inc. Positive Economic Data As per the Labor Department, seasonally adjusted initial jobless claims decreased toin the week ending May Mike Flynn's Involvement with Russian sources Meanwhile, investors kept a close watch on the political crisis that heightened following the controversy relating to investigation into former National Security Adviser Mike Flynn's involvement with Russian sources.

Stocks that made Headlines Hibbett Beats on Q1 Earnings, Lowers FY18 Forecast Hibbett Sports Inc. Read More Salesforce Up on Q1 Earnings Beat and Upbeat Guidance Shares of salesforce. Read More Zacks' Best Private Investment Ideas While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public. Today, you can download 7 Best Stocks for the Next 30 Days.

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