Stock market news today: S&P 500, Dow rally after weekly jobless claims – Markets Insider

US stocks climbed on Thursday following Wednesday’s broad sell-off.
The Labor Department reported that jobless filings rose last week amid the Federal Reserve’s efforts to cool down the labor market. First-time unemployment filings totaled 225,00 for the week ending December 24, Thursday data showed. That’s an increase of 9,000 from the previous week, and slightly above the 223,000 estimate. 
Meanwhile, investors continue to watch China’s reopening plans and its implications for global growth, though reports of rising COVID-19 cases weigh on oil prices. 
Here’s where US indexes stood shortly after the 9:30 a.m. market open on Thursday: 
Here’s what else is going on: 
In commodities, bonds, and crypto: 
Get the latest Gold price here.
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