US equities edge higher after upbeat Jobless claims

FXstreet.com (New York) - The US stock market experienced a positive opening Thursday, with investors digesting the latest tranche of employment data in the US.

In the United States, Initial Jobless Claims (July 12) came in at 334K, against expectations of 345K. Moreover, Continuing Jobless Claims (July 6) were reported at 3.114M, vs. projections calling for 2.959M.

Beginning with the indices and composites, the NASDAQ rose +0.03% as it settles in region of 3609.88, up +1.06 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1685.29, ascending +4.22 points or +0.25% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15521.28, presently +0.33% after a movement of +50.76 points.

Sectors are all higher at the opening, however the Energy and Financials sectors have distinguished themselves as the winners thus far, rising +0.61% and +0.65% respectively. Moreover, the price of gold has settled at $1287.08 per oz., while silver is now negotiating a spot price of $19.45 per oz. Thursday.

EUR/USD bounces off 1.3070 level

The EUR/USD foreign exchange rate bottomed out at the 1.3070 region (session low), rebounding in recent moments and recovering higher during US trading.
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