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Wall Street

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NEW YORK (AP) — Stocks edged higher Thursday after a pair of reports provided more evidence that the U.S. is maintaining a slow but steady economic recovery.

The number of Americans seeking unemployment benefits dropped last week and is near the lowest level since June 2008, the Labor Department said Thursday. Weekly applications are just 1,000 above a five-year low reached last month.

Also, a survey from the payroll company ADP showed that American businesses added 176,000 jobs…

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