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Stock impact report

Dow turns lower at the open as Boeing and Goldman weigh; tech stocks rise even as investors digest 5.25 million jobless claims [MarketWatch]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: MarketWatch
U.S. stocks opened mostly higher Thursday morning, with technology shares rallying, after weekly jobless claims data showed applications for the newly unemployed hit 5.25 million, surging to a total of 21 million over the past month. However, the market reaction to the grim data due to the business closures to limit the outbreak of COVID-19 suggests that investors may be steeling themselves against bad data and focusing on hope of reopening the economy soon. The Dow Jones Industrial Average rose was off 258 points, or 1.1%, at 23,242, and was being dragged lower by a decline in shares of component Boeing Co. and Goldman Sachs . The S&P 500 index was down 0.5% at 2,770 and the technology-laden Nasdaq Composite Index rose 0.3% at 8,419, off its intraday high at 8,493, buoyed by gains in Amazon.com Inc. and Netflix and Google-parent Alphabet Inc. . In addition to claims, reports on new-home starts and the Federal Reserve Bank of Philadelphia's survey of manufacturing conditions also show Show less Read more
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