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Wall St Rebounds on Tech Boost After Fewer Jobless Claims Data

By:
Reuters
Updated: May 13, 2021, 15:10 UTC

(Reuters) - Wall Street's main indexes opened higher on Thursday, with the tech-heavy Nasdaq in the lead after data showed fewer Americans filed for weekly jobless claims, while investors shrugged off a surge in producer prices.

A Wall Street sign is pictured outside the New York

The Dow Jones Industrial Average rose 37.08 points, or 0.11%, at the open to 33,624.74. The S&P 500 opened higher by 11.95 points, or 0.29%, at 4,074.99, while the Nasdaq Composite gained 119.26 points, or 0.92%, to 13,150.94 at the opening bell.

(Reporting by Sruthi Shankar in Bengaluru)

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