* MSCI ex-Japan tad weaker after hitting record highs on Thursday. * U.S. dollar bounces off lows but set for weekly decline. * Oil, gold weaker. By Swati Pandey.
Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to counteract the COVID-19 pandemic promised by newly inaugurated U.S. President Joe Biden.
* Nasdaq, S&P 500, Dow industrials scale new highs. * Growth stocks lead rally, reversal of gains this year. * Spanish, Italian bond yields at highest since November. * Oil prices settle little changed, gold steady. By Herbert Lash.
U.S. stocks gave up afternoon gains Thursday as investors' optimism over stronger-than-expected earnings competed with signs that the labor market is still struggling to recover. The S&P 500 ended a choppy day up less than 0.1% while the Dow Jones Industrial Average fell 12 points, also less than 0.1%, to 31176.. The Nasdaq Composite performed better, gaining 0.6%, pushed higher by stocks including Apple and Amazon.com.
The Canadian dollar was little
changed against its U.S. counterpart on Thursday, holding near
its strongest level in nearly three years as global equity
markets advanced and after the Bank of Canada ...
* U.S. weekly jobless claims at elevated levels. * Growth stocks outperform value names. * United Airlines slips on fourth straight quarterly loss. By Echo Wang. The S&P 500 and Nasdaq closed at record highs on Thursday, propelled by optimism about more pandemic relief under the Biden administration to support the economy after data showed a tepid labor market recovery.
U.S. stocks edged higher Thursday as investors' optimism over stronger-than-expected earnings overshadowed signs that the labor market is still struggling to recover. The S&P 500 and Dow Jones Industrial Average rose in recent trading after swinging between gains and losses for much of the day. The broad benchmark index gained 0.2%, while the Dow rose about 50 points, or 0.2%.
* Nasdaq, S&P 500, Dow industrials scale new highs. * Growth stocks lead rally, reversal of gains this year. * Spanish, Italian bond yields at highest since November. * Oil prices settle little changed, gold steady. By Herbert Lash.
* U.S. weekly jobless claims at elevated levels. * Growth stocks outperform value names. * United Airlines slips on fourth straight quarterly loss. * Dow up 0.07%, S&P 500 up 0.12%, Nasdaq up 0.53% By Echo Wang.
U.S. stocks turned a bit higher Thursday as investors weighed optimism over stronger-than-expected earnings against signs that the labor market is still struggling to recover. The S&P 500 and Dow Jones Industrial Average all rose in recent trading after swinging between gains and losses throughout the day. The broad benchmark index advanced 0.2%, while the Dow added about 40 points, or 0.1%.
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