Stocks Mixed as Jobless Claims Rise; Ark Invest Shifts Bitcoin Holdings
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The Dow Jones rose Thursday after jobless claims rose more than expected. Cathie Wood's Ark Invest firm shook up bitcoin positions, selling Grayscale Bitcoin Trust and buying a bitcoin ETF.
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Alphabet, Datadog, Netflix, and Snowflake are among top stocks breaking out or in buy zones amid the ongoing market rally.
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Caterpillar retook its 293.88 buy point Wednesday while Visa holds support above its 250.06 entry.
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Oil prices extended losses, with WTI crude falling below $74 a barrel Thursday after hitting a high Tuesday.
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Apple and Microsoft edged higher Thursday following a four-day losing streak and three-day win streak, respectively. Both remain in buy range.