Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

US stocks open mixed after weekly unemployment claims data

Economies.com
2020-08-13 14:11PM UTC

The major US stock indices saw a mixed performance on Thursday, after the release of the weekly unemployment claims data.

 

Leaders of the Democratic and Republican parties have not agreed on the second relief package to support the coronavirus-ravaged economy.

 

The US Department of Labor revealed today that the unemployment claims fell to 963,000 during the past week, beating forecasts of 1.120 million.

 

The Trump administration announced a $1.5 billion deal with Moderna to buy 100 million doses of its coronavirus vaccine, after skepticism about a vaccine registered by Russia.

 

As for stocks, Dow Jones slipped less than 0.1% or 13 points to 27,964 as of 14:09 GMT, Nasdaq rose 0.5% or 60 Points to 11,071, and S&P 500 rose 1 point to 3,382.

American Markets News

Americas News

Markets

Wall Street buoyed after weak inflation data
2025-12-05 16:16PM UTC
U.S. equities moved higher on Friday after weaker inflation figures strengthened expectations that ...
Americas News

Markets

Wall Street reverses higher after weak opening
2025-12-03 15:54PM UTC
US stock indexes rose on Wednesday, reversing earlier losses that followed the release of weak ...
Americas News

Markets

Wall Street boosted by resurgent demand on tech sector
2025-12-02 17:07PM UTC
U.S. equities rose on Tuesday as renewed demand for technology stocks and crypto-linked names ...