Sunday, December 17, 2017
 
 
News: Page (1) of 1 - 12/22/11 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Stocks open higher on encouraging economic reports
Stocks open higher after unemployment claims drop, encouraging economic growth numbers
By The Associated Press

NEW YORK (AP) ' Stocks are rising after the opening bell following encouraging signs that the U.S. economy is growing at a faster clip than earlier in the year and fewer people are applying for unemployment benefits.

The Dow Jones industrial average is up 28, or less than 1 percent, to 12,136 early Thursday. The S&P 500 index is up 3, or less than 1 percent, to 1,247. The Nasdaq is up 10, or less than 1 percent, to 2,588.

The Commerce Department says the economy grew at an annual rate of 1.8 percent in the July-September quarter. That was the fastest growth this year, up from 1.3 percent in the April-June quarter.



The number of people applying for unemployment benefits dropped last week to its lowest level since April 2008.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines