- The major Wall Street indices are unchanged on Thursday.
- Initial jobless claims in the United States increased last week.
- The radical change in the FOMC’s political outlook limits the rise in stocks.
After falling on Wednesday with the FOMC Projections Summary showing a sea change in the policy outlook, the main indices of stocks in the USA they opened with little change on Thursday.
At time of writing, the Dow Jones Industrial Average was up 0.1% on the day at 34,060, the S&P 500 was flat at 4,226, and the Nasdaq Composite was up 0.15% at 14,001.
Hours earlier, data released by the US Department of Labor showed initial jobless claims rose to 412,000 in the week ending June 12 from 375,000. However, this reading does not appear to have a negative impact on market sentiment.
Among the top 11 sectors in the S&P 500, the Materials Index is the largest percentage drop after the opening bell, losing 0.3%. On the other hand, the Energy Index has risen 0.3%.
S&P 500 chart (daily)
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