Dow Jones rallies shrugging off bleak GDP, jobless claims data

0
23
Dow Jones rallies shrugging off bleak GDP, jobless claims data


Wall Street’s main indexes opened higher on Thursday, shrugging off data which showed another sharp contraction in the U.S. economy and a rise in weekly jobless claims.

The Dow Jones Industrial Average rose 262.0 points, or 0.87%, at the open to 30,565.86. The S&P 500 rose 31.0 points, or 0.83%, at the open to 3,781.79, while the Nasdaq Composite rose 83.7 points, or 0.63%, to 13,354.45 at the opening bell.





Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here