Stock Market Today: Tech Helps Nasdaq, S&P 500 Extend Streaks
The stock market rally continued Thursday – though not for all indexes – as investors continued to process yesterday's Federal Reserve decision to taper as well as mixed messages about the economy. The result was a ninth straight day of gains for the Nasdaq Composite, while the S&P 500 ripped off its sixth consecutive advance.
Yet again, the Labor Department reported pandemic-low weekly unemployment data, with 269,000 initial claims for the week ended Oct. 30 ducking under estimates for 275,000 filings and the prior week's revised 283,000.
Wilmington Trust
