Nasdaq High, Congress Inches Toward Stimulus Deal

Video Credit: Wochit News
Published on December 3, 2020 - Duration: 00:33s

Nasdaq High, Congress Inches Toward Stimulus Deal

Lukas Jackson/Reuters US stocks closed mixed on Thursday amid falling jobless claims and new hopes for a stimulus deal.

The Nasdaq composite closed at all-time highs, while the S&P 500 lost its record close in the final hour of trading.

New weekly claims for unemployment insurance totaled an unadjusted 712,000 for the week that ended Saturday.

Economists surveyed by Bloomberg expected a reading of 775,000.


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