US stocks move higher in early trading after a 2-day slide; CarMax jumps on higher profit

April 2, 2015 2:13 PM

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U.S. stocks moved higher in early trading Thursday, rebounding after a two-day slide. The government said that applications for unemployment aid fell sharply last week, a sign that the U.S. job market remains strong despite tepid economic growth this year. Oil prices eased after climbing the day before.

KEEPING SCORE: The Dow Jones industrial average rose 100 points, or 0.6 percent, to 17,798 as of 10:09 a.m. Eastern. The Standard & Poor's 500 index added 10 points, or 0.5 percent, to 2,069. The Nasdaq composite gained 14 points, or 0.3 percent, to 4,894.

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