Wall Street shakes off inflation rise and closes higher - Netscape Money & Business netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
U.S. stocks climbed on Friday as investors brushed off a stronger-than-expected inflation reading, as both the Dow and S&P 500 indexes clinched their first weekly gain in the past three. | May 28, 2021
US STOCKS-Wall Street edges up as weekly jobless claims fall reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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U.S. stocks advanced modestly on Thursday, as data showing improvement in the labor market helped fuel expectations the economy continues to recover and spurred a small rotation towards stocks seen as more likely to benefit from the rebound.
The number of Americans filing new unemployment claims dropped more than expected last week to a 14-month low of 406,000 as pandemic restrictions continue to be lifted, while a separate report showed business spending on equipment picked up speed.
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