S&P 500 hits record as weekly jobless claims unexpectedly rise

Fox Business | Apr 8, 2021 at 1:58 PM
  • U.S. equity markets were mixed Thursday as Big Tech outperformed after weekly jobless claims rose more than expected.
  • The Dow Jones Industrial Average fell 90 points, or 0.27%, while the S&P 500 and the Nasdaq Composite were higher by 0.29% and 0.79%, respectively.
  • In stocks, Big Tech stocks were outperforming with Microsoft Corp. and Apple Inc. pacing the Dow.