From Yahoo Finance: 2024-05-08 17:45:25

The Dow Jones Industrial Average has extended its winning streak to six days, the longest since August. The S&P 500 and Nasdaq also closed higher. Technology and communication services led the gains, as investors were optimistic about economic recovery and stimulus measures. Jobless claims in the U.S. fell to 321,000, signaling a stronger labor market. The 10-year Treasury yield rose to 1.32%. Overall, the stock market continues its upward trend amid positive economic indicators and investor confidence.



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