U.S. stocks opened modestly higher on Thursday morning after the latest jobless claims show the number of Americans who applied for unemployment benefits fell to a nine-month low of 198,000 last week, suggesting a strong job growth as the labor market remains resilient. The Dow Jones Industrial Average DJIA was rising 9 points, leaving it nearly flat, at 33,675, while the S&P 500 SPX was gaining 0.2% and the Nasdaq Composite COMP was up 0.4%. Investors were also awaiting the remarks from Federal Reserve Chair Jerome Powell for insights into the path of interest rates. Powell is scheduled to deliver comments at the Economic…
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