Wall Street climbs after GDP and labor data
Economies.com
2025-06-26 14:40PM UTC
US stock indices rose on Thursday after recent data confirmed the strength of the labor sector.
Earlier government data showed US unemployment claims down to 236 thousand in the week ending June 21, while analysts expected 244 thousand.
US GDP shrank 0.5% y/y in the first quarter according to the final reading, compared to a 0.2% contraction in the previous reading.
On trading, Dow Jones rose 0.7% as of 15:38 GMT, or 286 points to 43,270 points, while S&P 500 added 0.5%, or 34 points to 6126 points, as NASDAQ climbed 0.5%, or 112 points to 20086 points.
American Markets News
Markets
NASDAQ and S&P 500 resume the tone of gains
2025-07-02 15:28PM UTC
US stock indices rose during Wednesday trading following the release of economic data that boosted ...
Markets
Dow Jones soars alone with a 400-point profit
2025-07-01 20:41PM UTC
US stock indices were mixed on Tuesday with NASDAQ and S&P 500 dropping, but Dow Jones bucked ...
Markets
NASDAQ, S&P 500 back off record highs
2025-07-01 15:07PM UTC
US stock indices were mixed on Tuesday, the first session of the third quarter, as markets analyze ...