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U.S. stocks see modest gains as Nasdaq attempts to claw back losses while small caps pare gains

Por: MarketWatch Business June 08, 2023

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What’s driving markets The Nasdaq bounced back on Thursday after weekly data on jobless claims showed they , an increase of 28,000 from the prior week. The data tempered renewed concerns that the Federal Reserve may keep borrowing costs higher for longer. The Nasdaq, which remains up more than 25% since the start of 2023 according to FactSet data, fell on Wednesday following a surprise interest rate hike by the Bank of Canada. The index had... + full article



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