Tuesday, August 11

U.S. stocks saw mixed trading on Thursday, with the Nasdaq Composite rising approximately 100 points, while the Dow slipped 0.06% to 52,318.21. The S&P 500 increased by 0.24% to 7,500.39, driven by a 1.4% gain in the information technology sector, although consumer staples fell by 1.7%. In economic news, initial U.S. jobless claims decreased by 2,000 to 215,000, better than expected. Commodities saw oil drop 0.4% to $73.24, while gold and silver rose 1.2% and 2.7%, respectively. European markets were mostly positive, and Asian markets closed mixed, with Japan’s Nikkei gaining 1.38%.

Disclaimer: This summary is written by AI, which can make mistakes. Please follow up on any news information from additional sources.

Link to original article source: https://www.benzinga.com/markets/market-summary/26/07/60358120/nasdaq-gains-100-points-us-initial-jobless-claims-edge-lower

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