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Wall St ends firmer, growth stocks lead in thin trading

  • 📰 Reuters
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  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

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Wall Street's main indexes ended higher on Thursday in a light trading session powered by growth stocks

The U.S. Labor Department reported an increase in the number of Americans filing new claims for unemployment benefits last week. But the data indicates a tight U.S. job market even as the Fed works to cool demand for labor in its bid to lower inflation.

- which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among S&P 500 sector indexes. A trader works on the trading floor at the New York Stock Exchange in New York City, U.S., December 14, 2022. REUTERS/Andrew Kelly

 

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