U.S. stock benchmarks on Thursday added to gains rung up on Wednesday, after the Federal Reserve indicated that it could begin tapering market-supportive bond purchases by the end of the year, which could set the table for interest rate increases by the middle of 2022. In U.S. economic data Thursday, the Labor Departmetn said first-time jobless claims rose to 351,000 last week, compared with expectations for a reading of 320,000 after a total of 335,000 the previous week, but investors didn’t offer a major reaction to the data.
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September 23, 2021 at 08:35PM
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Dow jumps over 300 points higher Thursday as stock market aims to extend post-Fed rally - MarketWatch
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