On Thursday, US stocks climbed.<br />The increase comes as tech giants attempted to reclaim record highs.<br />The tech sector has fueled outsize volatility in recent sessions as investors reconcile lofty stock valuations and strong momentum.<br />This week, investors also mulled weekly jobless claims data that signaled lasting pain in the US labor market.<br />Jobless claims totaled 884,000 for the week ended Saturday, higher than the economist estimate of 850,000.<br />Oil fell after the American Petroleum Institute reported US stockpiles increased by nearly 3 million barrels.<br />West Texas Intermediate crude sank as much as 2.3%, to $37.17 per barrel.
