Wall Street closes up as tech stocks rebound
STORY: U.S. stocks closed higher on Thursday regaining some of their momentum thanks to a rebound by technology stocks.
The Dow gained half a percent, the S&P 500 climbed six tenths of a percent and the Nasdaq jumped one percent.
Data on Thursday showed a sharp jump in weekly jobless claims, signaling a softening labor market.
“Economic data is all pointing towards recession, but stocks don't seem to care.”
Ryan Belanger is Managing Principal and Founder of Claro Advisors.
“They're brushing that off. They're riding the wave higher. They've got momentum behind them in certain sectors. And it's almost close to 100 stocks in the S&P 500 have made fresh 52 week highs recently. And that's really remarkable in the face of all the economic data."
Investors are now waiting on inflation data and a Federal Reserve policy meeting next week.
Most traders have priced in a pause in rate hikes by the central bank.
Meanwhile, a rebound in technology and megacap stocks helped major indexes regain their footing amid thin volumes.
Heavyweight Amazon gained two-and-a-half percent as Wells Fargo initiated coverage on the company with an "overweight" rating.
Nvidia, Apple and Tesla rose between roughly one-and-a-half and four-and-a-half percent.
Meme stock GameStop tanked nearly 18% as billionaire investor Ryan Cohen took over as executive chairman after the video-game retailer ousted its CEO and posted a bigger-than-expected quarterly loss.
相關影片推薦
1:57
南投竹山26戶別墅地層下陷 53住戶連夜撤離民視影音12,486 次觀看・20 小時前2:01
中國快時尚危機 年丟2600萬噸衣服 合成纖維占7成無法回收Yahoo奇摩(國際通)128,985 次觀看・2 週前1:47
台南新營區"後鎮排水"潰堤 鹽水區淹成汪洋民視影音211,704 次觀看・1 天前1:58
鼓山美術館豪宅區淹大水 整片"土黃泥流"損失慘民視影音138,939 次觀看・1 天前1:52
義大利絕美「眾神之路」中世紀牧人小徑變身熱門景點Yahoo奇摩(國際通)42,173 次觀看・1 天前2:43
只差3秒! 蘇花工程人員逃命畫面曝光 倒車逃險遭埋華視影音98,820 次觀看・1 天前1:59
仁武豪華別墅地下室滅頂 居民矛頭指向市府重劃工程民視影音57,335 次觀看・19 小時前1:58
新北送高雄1146元外送單是真的! 外送員現身東森新聞影音417,865 次觀看・3 天前11:02
地震來了怎麼辦?豆腐別再涼拌了,教你新吃法,做法簡單味道足,加上杏鮑菇,香!芭樂媽的家 Qistin Wong TV72,855 次觀看・5 天前2:23
台積只排第7! 聯發科「非主管」平均年薪再奪冠華視影音2,104 次觀看・3 週前
熱門必看
13:07
葉全真不愛邀人作客竟是因為這點?唐老師:「好典型的處女座」!Ep.225-2唐綺陽談星室375,901 次觀看・3 週前24:06
霸氣挑戰南部小吃價格 吃到賺到!板橋10樣親民價美食Yahoo創作摩人135,394 次觀看・1 個月前23:55
吃爆三峽老街美食|九間就被擊垮了|最道地金牛角竟是這家?|阿環格格出遊去 Ft.阿環小姐 [送你營養吃]黃君聖Sunny營養師154,935 次觀看・1 個月前21:58
瀕臨破產到全球市值最強!輝達(Nvidia)是怎麼崛起的?買他們股票的都賺翻了?《 時代的巨人》EP 021|志祺七七志祺七七 X 圖文不符202,635 次觀看・1 個月前6:30
台中南屯|百年秘方汕頭火鍋Lee Yi李易42,554 次觀看・1 個月前