The S&P 500 Index ($SPX) (SPY) Thursday closed up +0.51%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.85%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.16%.
US stock indexes on Thursday settled higher, with the S&P 500 climbing to a 1-month high and the Dow Jones Industrials posting a 5-week high. Stock index futures found support Thursday as bond yields fell after US weekly initial unemployment claims rose more than expected to an 8-1/2 month high, bolstering hopes that the Fed will soon cut interest rates.
