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RMB Capital Announces Seven New Partners for 2022

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Dow ends at record high after upbeat jobless claims report

Dow ends at record high after upbeat jobless claims report
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Dow ends at record high after upbeat jobless claims report - Netscape Money & Business

Dow ends at record high after upbeat jobless claims report
By Shreyashi Sanyal and Krystal Hu
Reuters
(Reuters) - The Dow Jones Industrial Average closed at a record high on Thursday, bolstered by an upbeat weekly jobless claims report, while vaccine makers dipped after U.S. President Joe Biden backed plans to waive patents on COVID-19 shots.
Lifted by Apple Inc, the S&P 500 rose after a Labor Department report showed initial claims for state unemployment benefits totaled a seasonally adjusted 498,000 for the week ended May 1, compared with 590,000 in the prior week.
Investors were awaiting a more comprehensive non-farm payrolls report on Friday for clues on the strength of the labor market and potentially the U.S. Federal Reserve s stance on monetary policy. ....

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