Dow Gains Over 100 Points; US Jobless Claims Decline

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 100 points on Wednesday.

Following the market opening Wednesday, the Dow traded up 0.28% to 48,576.79 while the NASDAQ rose 0.02% to 23,567.10. The S&P 500 also rose, gaining, 0.15% to 6,920.17.

Check This Out: S&P 500 Hits Record Close: Investor Sentiment Improves Further, Fear Index Remains In ‘Greed’ Zone

Leading and Lagging SectorsConsumer staples shares rose by 0.6% on Wednesday.

In trading on Wednesday, communication services stocks fell by 0.2%.

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U.S. initial jobless claims declined by 10,000 from the previous week to 214,000 in the week ending Dec. 20, compared to market estimates of 223,000.

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Dow Gains Over 100 Points; US Jobless Claims Decline

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