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U.S. stocks open mostly higher after jobless claims report

Clyde Edgerton by Clyde Edgerton
June 8, 2023
in Markets
U.S. stocks open mostly higher after jobless claims report
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U.S. stocks opened mostly higher Thursday after fresh data showed a rise in weekly jobless claims. The Dow Jones Industrial Average
DJIA,
+0.49%
was down around 0.1% soon after the opening bell, while the S&P 500
SPX,
+0.53%
rose less than 0.1% and the technology-heavy Nasdaq Composite
COMP,
+0.87%
edged up 0.2%, according to FactSet data, at last check. The Department of Labor said Thursday that initial jobless claims rose in the week ending June 3 to 261,000. That’s a nearly two-year high, with most of the increase in Ohio and California, MarketWatch’s Jeffry Bartash reported.



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