U.S. stocks traded slightly higher this morning, with the Nasdaq Composite gaining around 0.2% on Thursday.
Following the market opening Thursday, the Dow traded up 0.06% to 41,000.33 while the NASDAQ rose 0.22% to 17,121.18. The S&P 500 also rose, gaining, 0.06% to 5,523.29.
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Leading and Lagging SectorsConsumer discretionary shares climbed by 0.9% on Thursday.
In trading on Thursday, industrials shares fell by 0.6%.
Top Headline
U.S. initial jobless claims fell by 5,000 from the prior week to 227,000 in the week ending August 31, compared to market estimates of 230,000.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded up 1% to $69.89 while gold traded up 0.9% at $2,547.80.
Silver traded up 1.9% to $29.105 on Thursday, while copper rose 0.9% to $4.1135.
Euro zone
European shares were mixed today. The eurozone's STOXX 600 fell 0.3%, Germany's DAX rose 0.2% and France's CAC 40 fell 0.5%. Spain's IBEX 35 Index rose 0.7%, while London's FTSE 100 fell 0.1%.
Retail sales in the Eurozone rose by 0.1% from the previous month in July compared to a revised 0.4% decline in the earlier month. The HCOB Eurozone construction PMI came in unchanged at 41.4 in August. The S&P Global UK construction PMI declined to 53.6 in August compared to 55.3 in July.
Asia Pacific Markets
Asian markets closed mostly lower on Thursday, with Japan's Nikkei 225 falling 1.05%, Hong Kong's Hang Seng Index falling 0.08%, China's Shanghai Composite Index gaining 0.14% and India's BSE Sensex falling 0.18%.
Average cash earnings in Japan rose by 3.6% year-over-year in July versus a 4.5% increase in the prior month.
Economics
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