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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.

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