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Added on the 07/09/2016 23:29:28 - Copyright : Reuters EN
Lukas Jackson/Reuters US stocks closed mixed on Thursday amid falling jobless claims and new hopes for a stimulus deal. The Nasdaq composite closed at all-time highs, while the S&P 500 lost its record close in the final hour of trading. New weekly claims for unemployment insurance totaled an unadjusted 712,000 for the week that ended Saturday. Economists surveyed by Bloomberg expected a reading of 775,000. Lawmakers warmed up to the $908 billion proposal Democratic leaders embraced on Wednesday, placing new pressure on Senate Majority Leader Mitch McConnell to reach a compromise.
The Nasdaq just barely moved higher but it was enough to set a new record high, though the other key benchmark indexes lost ground. Bobbi Rebell reports.
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A day after Google reported better-than-expected earnings, its shares surged to a record high, lifting the Nasdaq and other tech stocks, like Facebook and Etsy. Bobbi Rebell reports.
U.S. stocks closed higher on Monday, with the Nasdaq ending at a record, as hopes grew that a deal would be reached in Europe that would prevent Greece from defaulting on loans. Bobbi Rebell reports.
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