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Market Recap: Thursday, January 28

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Stocks rose, shaking off the prior day’s steep declines after new economic data showed a bigger dip in new unemployment claims than expected.
Each of the S&P 500, Dow and Nasdaq gained more than 1% intraday on Thursday after logging their biggest drops since October on Wednesday. The Dow outperformed with a jump of more than 600 point, or 2%, led by shares of Walt Disney and Intel. Oppenheimer Chief Investment Strategist John Stoltzfus and LPL Financial’s Jeff Buchbinder joined Yahoo Finance Live to break down the details.

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