Wall Street closes; hopes for a sharp Fed rate cut dampened
HISTORY: U.S. stocks closed higher on Wednesday, thanks to a rebound in technology stocks and despite inflation data that dampened investor sentiment earlier in the session. The Dow gained three-tenths of a percent, the S&P 500 climbed one percent and…
Indices rise as falling unemployment figures boost investor confidence
New data from the Labor Department shows that the number of jobless claims fell last week.Lev Radin/Pacific Press/LightRocket/Getty Images U.S. stock indexes rose on Thursday as investors absorbed the latest unemployment data. The number of jobless claims fell by 17,000…
