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Yahoo Finance Top Stories- Stocks jump on better-than-expected GDP, jobs data (AP)Stocks extended their advance in early trading Thursday after a better-than-expected reading on the nation's economy and a drop in jobless claims. The Dow Jones industrial average rose 150 points.
- Economy rebounds in 2Q, mostly spurred by exports (AP)The economy shifted to a higher gear in the spring, growing at its fastest pace in nearly a year as foreign buyers snapped up U.S. exports and tax rebates spurred shoppers at home.
- Jobless claims fall for 3rd straight week (AP)The number of people signing up for jobless benefits declined last week, the third straight drop from a six-year high reached earlier this month, the government said Thursday.
- Oil fluctuates as Gustav bears down on Gulf (AP)Oil prices fluctuated sharply Thursday as Tropical Storm Gustav spun toward the Gulf of Mexico, with some traders fearing a disruption in supplies and others betting that the government would tap the Strategic Petroleum Reserve if needed.
- Sears' 2Q profit drops 62 percent (AP)Sears Holdings Corp. reported a 62 percent drop in second-quarter profit as the retailer continues to struggle to attract customers to its stores despite a high-stakes restructuring.
- Stocks jump on better-than-expected GDP, jobs data (AP)