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McDonald's And Microsoft Lead The Dow Jones In A Mixed Day Of Trading

U.S. indices are trading higher despite worse-than-expected U.S. jobless figures and inflation data. While jobless claims slightly missed consensus estimates, they fell for the sixth straight week.

  • The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished slightly higher by 0.06% to $344.98.
  • The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 1.04% to $340.35.
  • The SPDR S&P 500 ETF Trust (NASDAQ:SPY) closed higher by 0.47% to $423.61.

McDonald’s Corp (NYSE:MCD), Microsoft Corporation (NASDAQ:MSFT) and Intel Corporation (NASDAQ:INTC) were among the top gainers in the Dow Jones.

Meanwhile, Apple Inc (NASDAQ:AAPL), Goldman Sachs Group Inc (NYSE:GS) and Caterpillar Inc. (NYSE:CAT) were among the top losers Thursday.

Elsewhere On The Street

KemPharm Inc. (NASDAQ: KMPH) shares moved higher Thursday after it was announced the company is being added to the Russell 3000 and Russell 2000 indexes based on the index provider’s annual reconstitution… Read More

On-and-off rumors of Nio, Inc. (NYSE:NIO) taking a plunge into the mass Chinese electric vehicle market, which is now dominated by Tesla, Inc.’s (NASDAQ:TSLA) made-in-China Model 3 vehicles, are on again… Read More

Microsoft worked with global TV manufacturers to enable hardware-free Xbox games through internet-connected televisions… Read More

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