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

S&P 500 hits record high on rate cut outlook
2025-12-24 17:03PM UTC
The S&P 500 reached a record intraday high on Wednesday for the first time in more than a ...
Americas News

Markets

Wall Street gains ground as 2025 approaches end
2025-12-22 17:51PM UTC
US stock indexes rose during Monday’s trading as 2025 approaches its end, alongside a ...
Americas News

Markets

Wall Street inches up, underpinned by tech shares
2025-12-19 14:57PM UTC
US stock indexes rose during Friday’s trading, supported by a rebound in the technology ...