Dow rallies 300 points, Nasdaq gains 1.9% as chip stocks lead market rebound

Stocks rallied Thursday, clawing back the previous session's losses, as falling jobless claims added to confidence in the U.S. economic recovery.

The Dow Jones Industrial Average rebounded by about 350 points, or 1%. The S&P 500 added 1.4%. The Nasdaq Composite rose 1.9%. "There has been so much volatility over the past week or so," Victoria Fernandez, chief market strategist at Crossmark Global Investments, said. "We're seeing a combination of some good economic news, some people going in and picking up names. That's why we see a little bit of a bounce here."A drop in jobless claims to the lowest in decades gave some investors confidence the U.S.

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Overtime Scott the jobless claims have dropped because people have EXHAUSTED their benefits!!!! Please let’s not make people think that everyone is back to work!!!!

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The pretext sounds funny. That was, early morning. The final stretch rally came from nowhere.

The Stock Market is like a Yo-Yo!

“confidence in the U.S. economic”

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