Thursday, 23 April 2020

U.S. stocks fight for gains as small-business relief overshadows job losses

  • U.S. stocks fight for gains as small-business relief overshadows job losses

    U.S. equity markets inched higher Thursday morning despite another big print for initial jobless claims that preceded a House vote on replenishing aid to small businesses battered by the COVID-19 pandemic. The Dow Jones Industrial Average rose 110 points, or 0.47 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite climbed 0.62 percent and 0.55 percent, respectively.

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