Markets Hold Slightly Higher On Financials And Jobless Claims
The positive economic data continues to help the market hold up as light volume continues. This holiday shortened week saw Jobless Claims reported at 451,000, better than economists had expected. The futures took off pre market and the markets opened the trading day on the SPDR S&P 500 ETF (NYSE:SPY) at $111.65, over a 1% gap higher. Since then, them markets have floated sideways. Financial stocks like JPMorgan Chase & Co. (NYSE:JPM) are helping hold the market higher along with extremely light volume.
Read more at In The Money Stocks
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