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S&P 500, Dow to open near peaks after surprise dip in jobless claims

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Reuters

By Medha Singh (Reuters) – The S&P 500 and the Dow were set to open near all-time highs on Thursday, extending a record-setting run as a surprise dip in weekly jobless claims reinforced confidence in the U.S. economy amid a surge in COVID-19 infections. The Labor Department’s data showed the number of Americans filing for new unemployment claims slipped to 198,000 in the Christmas week from 205,000 a week earlier. Economists polled by Reuters had forecast 208,000 applications for the latest week. Equities have rallied recently, albeit in some of the thinnest trading volumes that U.S. stock exc…

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