S&P 500 rises as tech gains offset weak U.S. data

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The S&P 500 and Nasdaq advanced on Thursday, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve's view of a difficult road to economic recovery.

NEW YORK - The S&P 500 and Nasdaq advanced on Thursday, as gains in heavyweight tech stocks outweighed downbeat data that affirmed the Federal Reserve’s view of a difficult road to economic recovery.

Stocks had opened lower after data showed jobless claims rose unexpectedly back above the 1 million mark last week after slipping below that level for the first time since the start of the pandemic. Overall, he added, “The underlying fundamentals remain strong and we are recovering from the pandemic.”

The S&P 500 and Nasdaq retreated from record levels on Wednesday after minutes from the Fed’s latest policy meeting gave a somber assessment of the U.S. economy as it grapples with the pandemic, but ruled out, for now, more dovish easing policy measures. L Brands Inc rose 4.2% after reporting a surprise quarterly profit, boosted by strong demand for Bath & Body Works’ products as well as higher online sales of Victoria’s Secret lingerie.

 

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Fuck wall street

we did it!

러시아의 독점 이라는 패턴 ---우주 빛색채 식물 항바이러스제로 피해가 많네요---특허가 아니면 독점은 아닌듯---스쳐가는 텃세?

Wall Street does not reflect Main Street.

What could go wrong with tech gains?

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