U.S. stocks open higher as investors weigh data showing rise in weekly jobless claims

U.S. stocks opened modestly higher Thursday as investors digested a report showing a weekly rise in jobless claims. The Dow Jones Industrial Average DJIA, +0.41% was up 0.4% soon after the opening bell, while the S&P 500 SPX, +0.51% rose 0.2% and the technology-heavy Nasdaq Composite COMP, +0.69% gained less than 0.1%, according to FactSet data, at last check.

The U.S. Department of Labor said Thursday that initial jobless claims rose by 21,000 to 211,000 during the week ending March 4. That was the highest total since late December. Investors have been watching the labor market for signs of potential weakening as the Federal Reserve keeps raising interest rates to cool the economy in its effort to combat high inflation.

How doesn’t expect a recession to buy stocks? 😂😂 Everything is so facked up

ready to dump

$pypl

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market news today: Dow sinks 574 points on rate fearsDow drops 574 points as Fed chief Powell opens the door to steeper rate hikes
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Stock Market Today: Dow Closes Lower, Nasdaq Gains After Powell's TestimonyBreaking: Silvergate Capital, one of the top crypto banks, is shutting down. It said it will repay all deposits. hoss_crypto HKCM1 Crypto... 'BANK' 🤣
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »

5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »