- The S&P 500 struggles to take advantage of Wednesday’s gains.
- The S&P 500 energy sector index fell nearly 2% on Thursday.
- Tech stocks post modest gains to open.
The main Wall Street indices have started in a mixed way on Thursday amid various behaviors of the main sectors. At the time of writing, the Dow Jones Industrial Average is down 0.5% on the day at 29,252, the S&P 500 Index is down 0.3% at 3,561, and the Nasdaq Composite is up 0.6% at 11,960.
Among the top 11 sectors of the S&P 500, the energy sector index falls by almost 2%. Meanwhile, the Fall in US Treasury Yields Weighs on Financial Sector Index, which loses 1.8% on the day.
On the other hand, the technology index and the communication services index post modest gains at the time of opening, what Helps Nasdaq Composite Tech Index Stay in Positive Territory.
Hours earlier, the US Department of Labor reported that initial jobless claims fell by 48,000 to 709,000 last week, but this upbeat figure failed to boost risk appetite sentiment.
S&P 500 daily
.
Credits: Forex Street
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
