US stocks today: Jobless rate surprise lifts markets; S&P 500 nears record levels – The Times of India

US stocks today: Jobless rate surprise lifts markets; S&P 500 nears record levels – The Times of India

US stocks moved closer to record levels on Wednesday after data showed the country’s unemployment rate unexpectedly improved last month, boosting investor confidence about the resilience of the economy.The S&P 500 rose 0.5% and was trading just below its all-time high set late last month. The Dow Jones Industrial Average was up 222 points, or…

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