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S&P 500, Nasdaq set for higher open on tech bounce
Initial claims for state unemployment benefits totaled a seasonally adjusted 884,000 for the week ended Sept. 5, matching the number of applications received in the prior week as layoffs and furloughs persisted across industries. The U.S. Senate was set to vote later in the day on a significantly scaled back Republican coronavirus relief bill in what could be the final vote on fiscal aid in Congress before the Nov. 3 presidential and congressional elections. Wall Street's main indexes rebounded on Wednesday, snapping the biggest three-day rout since March, as investors returned to tech-focused stocks which are deemed insulated from the current economic downturn.
https://finance.yahoo.com/news/p-500-nasdaq-set-higher-130746841.html?.tsrc=rss
Initial claims for state unemployment benefits totaled a seasonally adjusted 884,000 for the week ended Sept. 5, matching the number of applications received in the prior week as layoffs and furloughs persisted across industries. The U.S. Senate was set to vote later in the day on a significantly scaled back Republican coronavirus relief bill in what could be the final vote on fiscal aid in Congress before the Nov. 3 presidential and congressional elections. Wall Street's main indexes rebounded on Wednesday, snapping the biggest three-day rout since March, as investors returned to tech-focused stocks which are deemed insulated from the current economic downturn.
https://finance.yahoo.com/news/p-500-nasdaq-set-higher-130746841.html?.tsrc=rss
