Dow, S&P 500 gain at open as weekly unemployment claims decline

Lower jobless claims pointed to an improving outlook for the US economy

wall street, market, stocks
Reuters
1 min read Last Updated : May 27 2021 | 7:55 PM IST

(Reuters) - The Dow and the S&P 500 opened higher on Thursday after data showing fewer weekly jobless claims pointed to an improving outlook for the U.S. economy.

The Dow Jones Industrial Average rose 109.4 points, or 0.32%, at the open to 34,432.47. The S&P 500 rose 5.9 points, or 0.14%, at the open to 4,201.94​, while the Nasdaq Composite rose 4.6 points, or 0.03%, to 13,742.585 at the opening bell.

 

(Reporting by Shashank Nayar in Bengaluru; Editing by Subhranshu Sahu)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :US economyWall StreetUS markets

First Published: May 27 2021 | 7:52 PM IST

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