Dow surges 1,100 points as coronavirus stimulus bill offsets dismal jobless-claims report

US stocks gained Thursday as investors shrugged off a huge number of weekly jobless claims spurred by layoffs related to the coronavirus outbreak.
Investor optimism continued to build around the $2 trillion coronavirus stimulus package the Senate passed late Wednesday.
The bill includes unemployment-benefit expansions, help for businesses, and payments for Americans to help bolster the US economy amid the fallout from the pandemic.
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US stocks rose on Thursday, conti