| | Dow, S&P 500 hit records in volatile trading | NEW YORK (Reuters) - U.S. stocks edged up in a volatile session on Thursday, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost a struggling euro zone economy. | | | | | U.S. jobless claims, wages data point to tightening market | WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week and compensation accelerated in the third quarter, in the latest signs of tightening labor market conditions. | | | | | | U.S. shuts down Silk Road 2.0 website, charges alleged owner | NEW YORK (Reuters) - U.S. authorities said Thursday they have shut down the successor website to Silk Road, an underground online drug marketplace, and charged its alleged operator with conspiracy to commit drug trafficking, computer hacking, money laundering and other crimes. | | | | | | Going out on a limb, North Dakota oil titan scraps hedges | WILLISTON N.D. (Reuters) - Harold Hamm, chief executive of Continental Resources Inc , stunned a bearish crude market by scrapping all of the North Dakota energy producer's oil hedges, betting that prices will recover soon after sinking 25 percent in recent months. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |