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How Major US Stock Indexes Fared Thursday

How Major US Stock Indexes Fared Thursday

Stocks closed nearly flat on Wall Street Thursday as investors remain cautiously optimistic about prospects for a new round of government aid while the economic recovery seemingly stalls. Wall Street continued to digest solid corporate earnings and updates on a decline of new virus cases. The latest government report on jobless claims, though, reaffirmed that employment remains a weak spot in the economy as vaccine distribution ramps up in the hopes of eventually ending the pandemic and its impact. Technology stocks led the gainers.

Stocks closed nearly flat on Wall Street Thursday as investors remain cautiously optimistic about prospects for a new round of government aid while the economic recovery seemingly stalls. Wall Street continued to digest solid corporate earnings and updates on a decline of new virus cases. The latest government report on jobless claims, though, reaffirmed that employment remains a weak spot in the economy as vaccine distribution ramps up in the hopes of eventually ending the pandemic and its impact. Technology stocks led the gainers.

On Thursday:

The S&P 500 rose 6.50 points, or 0.2%, to 3,916.38.

The Dow Jones Industrial Average fell 7.10 points, or less than 0.1%, to 31,430.70.

The Nasdaq rose 53.24 points, or 0.4%, to 14,025.77.

The Russell 2000 index of smaller companies rose 2.88 points, or 0.1%, to 2,285.32.

For the week:

The S&P 500 is up 29.55 points, or 0.8%.

The Dow is up 282.46 points, or 0.9%.

The Nasdaq is up 169.48 points, or 1.2%.

The Russell 2000 is up 51.99 points, or 2.3%.

For the year:

The S&P 500 is up 160.31 points, or 4.3%.

The Dow is up 824.22 points, or 2.7%.

The Nasdaq is up 1,137.49 points, or 8.8%.

The Russell 2000 is up 310.46 points, or 15.7%.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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