Stocks open higher on Wall Street, holding near records

  • 📰 AP
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Stocks are opening higher on Wall Street as Congress inches closer to a deal for more badly needed support for the economy, even as more grim data pours in showing how badly the pandemic has taken a toll on jobs.

The S&P 500 rose 0.5% Thursday, hovering above its record high. The Dow Jones Industrial Average rose 137 points, or 0.5%, to 30,291 as of 9:50 a.m. Eastern time. The Nasdaq gained 0.7%.Wall Street has been more hopeful that Congress is getting closer to striking a deal that will give a financial lifeline to people and businesses.

The gains on Thursday were broad and came from nearly every sector in the S&P 500. Technology stocks, which have been pushing the market higher since the pandemic began, were the biggest winners. Apple rose 1% and Intuit rose 1.7%. Health care and communications companies also made solid gains, while energy companies and banks lagged the broader market.European markets were mostly higher. Germany’s DAX rose 0.8% and France’s CAC 40 gained 0.3%. The FTSE 100 in London fell 0.1%. Asian markets were also mostly higher.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yeah if the hypocrite Dem facist racist leaders nationwide didn’t impose non-scientific unconstitutional draconian restrictions on American citizens then the rest of us would have to bail out anyone.

Print money and destroy the economy even more That’s what every government on the planet does Destruction of economy

Just lost nearly a million jobs again this week and the stock market is booming again, running along like nothings wrong

Let's all bask in the glory of capitalism that allowed our billionaires to become richer while Americans lost income, their jobs and their healthcare.

Hi. I see you wrote 'South Korea' but did you know that Koreans don't really like it when you specify 'South' when it's not totally necessary to what you're saying? It's a painful and unwelcome reminder of our divided country. Please consider this in the future. 감사합니다!

As Trump takes credit for it, even though he largely is responsible for this mess.

good

ACTUAL FACTUAL STORY : Stocks are opening higher on Wall Street after FED says there is no end in sight to the destruction in value of the dollar.

Spent the last few weeks listening to financial podcasts from back in the fall of 2019 and earlier, and they often fall back on saying the economy is better than it seems because of the strength and confidence of consumers. The ones hurt worst.

Stimulate this effin economy already. You lose GOP GOPBetrayedAmerica ''You get nothing!''

Biggest financial collapse ever on the way!WATCH.

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:

 /  🏆 728. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines