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

NASDAQ, S&P 500 scale fresh record highs
2025-09-15 15:40PM UTC
US stock indices rose on Monday as investors closely watched the upcoming Federal Reserve ...
Americas News

Markets

Wall Street hits record highs, Dow Jones above 46,000 points for first time ever
2025-09-11 15:40PM UTC
US stock indexes climbed to fresh record highs on Thursday after the release of key inflation data, ...
Americas News

Markets

Wall Street expands gains on Fed rate cut bets
2025-09-08 16:13PM UTC
US stock indices rose during Monday’s session as bets on a Federal Reserve interest rate cut ...