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US stocks rise as traders weigh hotter-than-expected inflation reading against a new pandemic low in jobless claims (INX, COMPX, NDX, RUI, RUT, DJIA)

US stocks rise as traders weigh hotter-than-expected inflation reading against a new pandemic low in jobless claims (INX, COMPX, NDX, RUI, RUT, DJIA)

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US stocks were up Thursday as investors assessed a bigger-than-expected climb in consumer prices and figures showing claims by Americans for unemployment benefits reached their lowest since the start of the coronavirus outbreak. New claims last week clocked in at 376,000.  The Dow Jones Industrial Average gained ground, putting it on track to break a string of three consecutive losses.

...read full article on Business Insider

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