An influx of bullish updates led stocks higher during Thursday's session. Anxiety surrounding inflation subsided after the release of reports indicating unchanged consumer pricing and optimistic manufacturing data.
Talk of a climbing key interest rate in the near future was also put to the rest with the reports of stable inflation. New unemployment reports indicating slowing claims in jobless benefit filings added to the positive sentiment and helped push markets upward. The Dow Jones Industrial made gains for its eighth consecutive session Thursday, climbing 45.50 points to close at 10779.17. The Nasdaq also made gains though on a smaller scale, spiking 2.19 points to 2391.28. The broader S&P 500 closed nearly unchanged, lower 0.39 points and closing at 1165.83
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription
