US stocks open higher on Thursday

Source: WBP Online
US stock markets opened higher on Thursday as buying was triggered on the rise in oil prices. As the North American trading session started, the S$P 500 Index jumped around 0.3% to 2,056.20 points, whereas the Dow Jones Index gained 0.2% and the Nasdaq Composite Index added 0.3%, opening at 17,693.10 and 4,738.70 points respectively.
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Thu, 05 May 2016 15:44:07 GMT

WTI and Brent post gains by 13:10 GMT

Despite a more-than-expected oil inventory rise reported on Wednesday, concerns over further potential oil supply disruptions from Canada and Libya pushed oil prices higher on Thursday. WTI increased around 4.7%, while Brent jumped 4.2%, trading at $45.83 and $46.50 per barrel respectively on the London Stock Exchange by 13:10 GMT.

Thu, 05 May 2016 15:11:15 GMT

Initial Jobless Claims rise most since February 2015

Initial Jobless Claims in the United States increased more-than-expected in the week ending April 30. According to the Department of Labour, initial filings for unemployment aid rose 17,000 to 274,000, posting the biggest increase since February 2015 and surpassing analysts' forecasts for a 260,000 rise. 

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