S&P 500 hits record high as investors cheer solid earnings and strong jobless claims data

Deutsche Bank said retail investors have been key players in the stock market rally
Johannes Eisele/Getty Images
Stock ended higher on Thursday on the back of strong earnings and encouraging jobless data.
The move retraces some ground lost Wednesday after ADP data showed private hiring slowing.Oil prices climbed while gold slipped.
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US stocks closed higher on Thursday with the S&P 500 hitting a fresh record high as inv