Dow Jones Industrial Average Index climbed slightly higher on Thursday as fewer Americans applied for unemployment benefits and Greece announced it finalized debt swap agreement. Blue chip index soared 0.05% or 6.51 points and closed at 12,890.46 with basic materials sector posting the biggest gains. United Technologies Corp was the main winner for the Dow index, surging 2.5% after the firm said it is considering the selling its pump and compressor manufacturing division. On the downside Cisco systems slumped 2.1% after the company issued revenue predictions for third quarter.