Wall Street today: US stocks trade mixed as investors await inflation data; Dow jumps over 70 points; S&P 500 flat – The Times of India

Wall Street today: US stocks trade mixed as investors await inflation data; Dow jumps over 70 points; S&P 500 flat – The Times of India

Wall Street traded mixed on Tuesday as investors awaited key US inflation figures and an Apple event expected to showcase the launch of new iPhones.The Dow Jones Industrial Average jumped 79 points or 0.17% to trade at 45,594. Nasdaq, on the other hand, slipped 11 points or 0.05%, reaching 21,786. S&P 500 remained flat at…

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US job market: Jobless benefit applications see slight increase; America maintains ‘no hire no fire’ pace – The Times of India

US job market: Jobless benefit applications see slight increase; America maintains ‘no hire no fire’ pace – The Times of India

The number of Americans applying for unemployment benefits increased slightly last week, reflecting that employers are retaining workers despite the economy showing signs of slowing down.According to the figures released by the US labour department on Thursday, for the week ending 30 August, jobless claims rose by 8,000 to 237,000. The rise was higher than…

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