Major stock market indexes in the United States extended their gains during Thursday’s session as the reported decrease in initial jobless claims and the possibility that the country might avoid a recession pushed traders toward investing. Numerous technological companies trading on the Nasdaq 100, such as ARM Holdings, ON Semiconductor, KLA Corporation, and Microchip Technology Inc., thus soared by more than 5%. The rise in the Dow Jones Industrial Average neared 600 points as the index grew by 1.53% or 593 points at 11:28 am ET. The Nasdaq 100 increased by 2.38% or 424 points after hitting more than 430 moments earlier. The S&P 500 expanded by 1.90%.