Market Snapshot: Dow rises over 300 points after upbeat earnings from big banks, economic data

U.S. stocks rise Thursday as investors weigh upbeat earnings from big banks, as well as economic data that showed a drop in first-time jobless claims to a pandemic low and smaller-than-expected rise in producer prices.

U.S. stocks rise Thursday as investors weigh upbeat earnings from big banks, as well as economic data that showed a drop in first-time jobless claims to a pandemic low and smaller-than-expected rise in producer prices.