The S&P 500 and Nasdaq registered record closing highs for a fourth session in a row on Thursday as technology shares extended their recent rally.
The Dow Jones Industrial Average opens new tab fell 65 points, or 0.17 percent, the S&P 500 opens new tab gained 12 points, or 0.2 percent and the Nasdaq Composite opens new tab rose 59 points, or 0.3 percent.
The number of Americans filing new claims for unemployment benefits increased last week and another report showed producer prices unexpectedly fell in May, helping to keep alive hopes that an interest rate cut by the Federal Reserve may be on the horizon.
The S&P 500 technology sector opens new tab jumped 1.4 percent and an index of semiconductors opens new tab rose 1.5 percent, both reaching all-time closing highs.
Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).
