U.S. stocks opened higher Thursday, the last trading session of the week as bond yields retreated further and investors considered the White House's proposed infrastructure package. The Dow Jones Industrial Average DJIA, +0.26% gained 120 points, 0.4% to open near 33,102, and the S&P 500 SPX, +0.70% jumped 28 points, 0.7%, to breach 4,000. The tech-focused Nasdaq Composite Index COMP, +1.44% added 168 points or 1.3% to start trading near 13,415.
Markets have been rattled over the past few weeks by sharp spikes in bond yields that come as investors assess the outlook for inflation in the face of a fast-growing economy and more government spending. The benchmark U.S. 10-year note TMUBMUSD10Y, 1.696% slipped slightly on Thursday, however. Shares of Johnson & Johnson Inc. JNJ, -1.20% fell after the opening bell after the company reported that some of its COVID-19 vaccine did not meet quality standards.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
Source: MarketWatch - 🏆 3. / 97 Read more »
Australian Stocks Set First Record High Since Pandemic BeganAustralia’s recovery from the coronavirus pandemic has passed another milestone with its benchmark share index closing at a record high, its first in 15 months.
Source: WSJ - 🏆 98. / 63 Read more »
Stocks making the biggest moves premarket: Marriott, Coty, BioNTech, Tyson Foods & moreThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer to Robinhood traders: These are the economic recovery stocks to knowNew for subscribers: Cramer to Robinhood traders: These are the economic recovery stocks to know. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
20 cybersecurity stocks Wall Street believes can rise up to 79% over the next yearThe ransomware attack on Colonial Pipeline Co. highlights an obvious area for growth in the technology sector. WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders! Hedge Funds are selling in preparation to StockMarket crash!
Source: MarketWatch - 🏆 3. / 97 Read more »
These cybersecurity stocks could benefit from the Colonial pipeline attack, says GoldmanThe news did not seem to boost cybersecurity as a whole on Monday, but Goldman said the event could help accelerate the long-term growth for the companies. Pro Nah SAFEMOON SAFEMOONARMY IS THE WAY Pro , this is why people no longer trust you:
Source: CNBC - 🏆 12. / 72 Read more »