Home » News » Wall Street opens higher, helped by accelerating unemployment

Wall Street opens higher, helped by accelerating unemployment

The New York Stock Exchange opened slightly higher on Thursday, thanks to a higher-than-expected unemployment figure and a lull in bond yields, but investors remain on hold ahead of the monthly jobs report, due Friday. Around 2:55 p.m. GMT, the Dow Jones gained 0.42%, the Nasdaq index gained 0.57% and the broader S&P 500 index, 0.47%. Tipped downward before the opening, the market turned around after the publication of weekly jobless claims at the highest since December, at 211,000. “Wall Street hopes to see a labor market which…

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

×
Avatar
World Today News
World Today News Chatbot
Hello, would you like to find out more details about Wall Street opens higher, helped by accelerating unemployment ?
 

By using this chatbot, you consent to the collection and use of your data as outlined in our Privacy Policy. Your data will only be used to assist with your inquiry.