U.S. Stocks Advance as Jobless Claims Rise - The Wall Street Journal


7/7/2022 12:00:00 AM3 years 7 months ago
by Chelsey Dulaney and Akane Otani

U.S. stock benchmarks rose as the number of Americans applying for jobless benefits inched higher and investors bet on a larger interest-rate increase from the Federal Reserve this month.

U.S. stocks rose Thursday, lifted by gains across the S&P 500. The broad index rose 1.3%, while the Dow Jones Industrial Average climbed 0.9%, or about 292 points. The tech-heavy Nasdaq Composit… [+82 chars]

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