Wall Street opens higher after data signals improving labour market

Wall Street's main indexes opened higher on Thursday after weekly jobless claims hit their lowest level since the start of a pandemic-led recession

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City. Reuters
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City. Reuters
Reuters
1 min read Last Updated : May 20 2021 | 7:34 PM IST

(Reuters) - Wall Street's main indexes opened higher on Thursday after weekly jobless claims hit their lowest level since the start of a pandemic-led recession.

The Dow Jones Industrial Average rose 10.3 points, or 0.03%, at the open to 33906.3. The S&P 500 rose 6.3 points, or 0.15%, at the open to 4121.97​, while the Nasdaq Composite rose 56.9 points, or 0.43%, to 13356.629 at the opening bell.

 

(Reporting by Shashank Nayar in Bengaluru; Editing by Maju Samuel)

(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 :Wall StreetsUS marketsUS market

First Published: May 20 2021 | 7:28 PM IST

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