Markets rose on Thursday, with the S&P 500 gaining 0.6 percent to close at a record high.
Investors shrugged off a report showing that US jobless claims totalled 885,000 last week, the highest level since early September.
“Until COVID is more under control, claims are going to continue to be elevated,” Thomas Simons, money market economist at Jefferies, wrote in a note.
On Wednesday, the US recorded more than 247,000 new COVID-19 infections.
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