US stocks close mixed as investors weigh jobless-claims data and a resurgence in virus cases
Scott Olson/Reuters
- US stocks closed mixed on Thursday as investors reacted to a resurgence of coronavirus cases.
- Texas, North Carolina, and Arizona this week reported record numbers of COVID-19-related hospitalizations, while China is grappling with its worst outbreak since the initial one in Wuhan.
- US weekly jobless claims hit 1.5 million last week, a slight decline from the previous report and more than economists had expected.
- Read more on Business Insider.
US stocks closed mixed on Thursday as investors reacted to a global resurgence of coronavirus cases.
The S&P 500 and the Dow Jones industrial average swung between slight gains and losses in a choppy trading session. The tech-heavy Nasdaq rose slightly, posting its fifth straight day of gains.See the rest of the story at Business Insider
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See Also:
- US weekly jobless claims hit 1.5 million, bringing the 13-week total to 46 million
- The US is facing a coin shortage — and it's forcing the Federal Reserve to take the unusual step of rationing its distribution
- May's blockbuster retail sales report overshadowed shifting consumer trends that could widen inequality in the US
