Wall Street closes at five-year high on data

January 17, 2013 4:09 PM ET

NEW YORK (Reuters) - Stronger-than-expected data on housing starts and jobless claims lit a fire under stocks for a third day, boosting the S&P 500 to a five-year high on Thursday.

The Dow Jones industrial average was up 84.79 points, or 0.63 percent, at 13,596.02, according to the latest available figures. The Standard & Poor's 500 Index was up 8.32 points, or 0.56 percent, at 1,480.95. The Nasdaq Composite Index was up 18.46 points, or 0.59 percent, at 3,136.00.

(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)