U.S. stocks gain as labour market improves

Wall Street shares closed higher on Thursday with the benchmark index Dow Jones closing above a level of 16,000 for the first time after the shares rebounded from a three-day losing streak as report showed that labour market improved. The Dow Jones industrial average added 0.69% to 16,009.99, the S&P 500 Index climbed 0.81% to 1,795.85 and the Nasdaq Composite Index jumped 1.22% to 3,969.16.