U.S. indices are trading higher despite worse-than-expected U.S. jobless figures and inflation data. While jobless claims slightly missed consensus estimates, they fell for the sixth straight week.
- The SPDR Dow Jones Industrial Average ETF Trust DIA finished slightly higher by 0.06% to $344.98.
- The Invesco QQQ Trust Series 1 QQQ gained 1.04% to $340.35.
- The SPDR S&P 500 ETF Trust SPY closed higher by 0.47% to $423.61.
McDonald's Corp MCD, Microsoft Corporation MSFT and Intel Corporation INTC were among the top gainers in the Dow Jones.
Meanwhile, Apple Inc AAPL, Goldman Sachs Group Inc GS and Caterpillar Inc. CAT were among the top losers Thursday.
Elsewhere On The Street
KemPharm Inc. KMPH shares moved higher Thursday after it was announced the company is being added to the Russell 3000 and Russell 2000 indexes based on the index provider's annual reconstitution... Read More
On-and-off rumors of Nio, Inc. NIO taking a plunge into the mass Chinese electric vehicle market, which is now dominated by Tesla, Inc.'s TSLA made-in-China Model 3 vehicles, are on again... Read More
Microsoft worked with global TV manufacturers to enable hardware-free Xbox games through internet-connected televisions... Read More
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