Joining Market Domination Overtime, Yahoo Finance Markets Reporter Josh Schafer dissects the day's top trading highlights.
The weekly jobless claims data, released on Thursday, soared to its highest level since August 2023, with an addition of 20,000 jobs lost in a single week.
The utilities sector ( XLU ) continues to thrive, propelled by increased investments in energy solutions fueled by artificial intelligence.
Additionally, the Dow Jones Industrial Average ( ^DJI ) extended its rally, marking its seventh consecutive day of gains . Amgen ( AMGN ) emerged as a standout performer, contributing significantly to the index's upward trajectory.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.
This post was written by Angel Smith