U.S. stocks edged up Thursday as economic data showed that fewer Americans applied for jobless benefits, though the trade deficit widened.
The S&P 500 ticked up 0.3%, one day after the broad market index closed down 0.5% on Wednesday. The Dow Jones Industrial Average gained about 160 points, or 0.5%.
The technology-heavy Nasdaq Composite, meanwhile, ticked up 0.2% after briefly swinging between small gains and losses shortly after trading kicked off.
Fresh data Thursday showed the U.S. trade deficit widened to $75.7 billion in June, more than economists had forecast, as Americans bought more goods from overseas. Meanwhile, jobless claims, seen as a proxy …
Related posts:
: IMF warns ‘cryptoization’ of emerging economies could threaten growth, financial stability
NewsWatch: The biggest risk facing investors this earnings season is lurking just beneath the surfac...
: Mortgage rates jump above 3%, creating pressure for home buyers
They Want to Hand Your Kid a Debit Card. What Do You Do?
