Saturday, 15 May 2021

S&P 500 dips at open as labor market rebound falters

(Reuters) – The S&P 500 and Dow indexes dipped at the open on Thursday as weekly jobless claims fell below 1 million last week, but that was likely due to the expiration of a $600 weekly jobless supplement that discouraged some from filing claims.

The Dow Jones Industrial Average .DJI fell 54.33 points, or 0.19%, at the open to 27,922.51 and the S&P 500 .SPX opened lower by 7.40 points, or 0.22%, at 3,372.95.

The Nasdaq Composite .IXIC gained 14.62 points, or 0.13%, to 11,026.86 at the opening bell.

Source: Read Full Article

Best News