GLOBAL MARKETS-Wall Street closes up after choppy trading due to higher jobless claims


The Dow Jones Industrial Average rose 25.35 points, or 0.07%, to close at 34,823.35, the S&P 500 gained 8.79 points, or 0.20%, to end the day at 4,367.48 and the Nasdaq Composite added 52.64 points, or 0.36%, to close at 14,684.60.

NEW YORK: U.S. stock markets closed higher after a mixed trading session as investors digested negative economic data reflecting the country's struggle to move past the COVID-19 pandemic, while yields on safe-haven assets such as U.S. Treasuries slipped.

All three major U.S. stock indexes ended in the green and within 1% of record closing highs, thanks in part to Big Tech. The Dow and S&P 500 fell earlier in the day on the number of Americans filing new claims for unemployment benefits. The dollar also rose after it slid earlier in the trading session.

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