Stocks opened slightly lower Thursday, taking a breather a day after the Dow Jones Industrial Average closed above 29,000 for the first time since February. The Dow DJIA, +0.10% flipped between small gains and losses to trade near unchanged, while the S&P 500 SPX, -0.55% fell around 0.6% to 3,560 and the tech-heavy Nasdaq Composite COMP, -1.59% declined 1.
6% to trade near 11,860, on track to snap a four-day winning streak. The S&P 500 and Nasdaq closed at records on Wednesday. Ahead of the opening bell, government data showed number of new applications for unemployment benefits fell by 130,000 last week to a fresh pandemic low, but the drop was due to a major change in how the data is reported instead a big increase in people finding jobs.
Short term profit booking in US Equities!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dow Jumps Over 150 Points As Stocks Continue Record RunStocks continued their strong start to what is historically a bad month for markets. The Dow which has been down for more than a month? That one?
Source: Forbes - 🏆 394. / 53 Read more »
Dow Jumps Over 150 Points As Stocks Continue Record RunThe Dow jumped over 150 points today as stocks continued their strong start to September by skleb1234 skleb1234 Trump gains in polls, investors open the wallet.... skleb1234 The poor stay poor the rich get rich, InTrumpsAmerica skleb1234 Tomorrow realDonaldTrump will claim this as done by his little and invisible hands
Source: Forbes - 🏆 394. / 53 Read more »
Dow Jumps 450 Points As Stocks Continue Record RunStocks continued their strong start to what is historically a bad month for markets. skleb1234 Thank you President Trump! skleb1234 So should i buy TSLA stocks or not? skleb1234
Source: Forbes - 🏆 394. / 53 Read more »
What to watch today: Stocks slightly lower after Wall Street's strong start to SeptemberU.S. stock futures were marginally lower as investors await key jobless data. PLAIN & SIMPLE, WALL STREET HAS BEEN HELPED, MAIN STREET NEEDS HELP: A STRONG HEATHY STIMULUS PACKAGE WITH RESTORED AND RETROSPECTIVE ASSISTANCE & STATE ASSISTANCE! OTHERWISE ECONOMY WILL DESTROY IT ALL!
Source: CNBC - 🏆 12. / 72 Read more »