Home Depot, Bank of America, Travelers, and Walt Disney led the way up Thursday. Brands climbed amid a variety of economic news. Initial jobless claims increased last week. The Labor Department said new claims for unemployment insurance benefits rose by 6,000 to 386,000. In a separate report, the Labor Department said consumer prices retreated slightly in May. The Consumer Price Index fell 0.3%. The decline exceeded the consensus expectation of a 0.2% dip. Additionally, the core CPI, which excludes food and energy, moved up by 0.2% for the third straight month. Elsewhere, crude oil added $1.29 to settle at $83.91 a barrel.
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