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S&P 500 set to begin second half of 2021 at record open

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Reuters

By Devik Jain and Medha Singh (Reuters) -The S&P 500 index was set to kickoff the second half of the year with a record open on Thursday after data showed fewer-than-expected weekly jobless claims, while Walgreens’ shares gained after it lifted its annual profit outlook. Official data showed the number of Americans filing new claims for unemployment benefits fell 364,000 in the latest week, while layoffs plunged to a 21-year low in June as companies held on to their workers amid labor shortages. Data on U.S. factory activity and construction spending is scheduled at 10 a.m. ET. With the S&P 50…

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