Stocks opened mostly higher Thursday, as traders looked past another dismal U.S. weekly jobless claims report, a day after optimism over ending lockdowns to control the spread of COVID-19 pushed stocks to their highest levels since early March.
Still, traders said concerns over rising U.S.-China tensions, which have been largely ignored so far, remain in the background but could cap gains.
What are major indexes doing?
The Dow Jones Industrial Average DJIA, 0.30% opened 172 points, 0.7%, higher, near 25,720, while the S&P 500 SPX, 0.30% gained 10 points or 0.3% at the open to start trading near 3,046. The Nasdaq Composite Index COMP, 0.24% slipped about 19 points or 0.2%, near 9,393.
