Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’

Dow up over 350 points, stocks rebound after jobless claims data deemed ‘welcome news for the Fed’

Business
December 29, 2022 by secret
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[ad_1] U.S. stocks advanced on Thursday afternoon, erasing losses from earlier in the week during the second-to-last trading session of the year. The main indexes built on premarket gains after U.S. weekly jobless claims data showed the number of workers receiving benefits has climbed to the highest level since February, a tentative sign that the