US Markets Make a Comeback

After a day of closure for the Christmas holidays, the major United States stock indexes made a surprising turnaround on Thursday. Initially facing losses, the markets managed to step into the green territory, showcasing the resilience of the US economy.

Jobless Claims Lower Than Expected

Adding to the positive momentum, the US Department of Labor reported jobless claims at 219,000, a figure lower than what analysts had anticipated. This news further bolstered investor confidence, contributing to the market's upward trajectory.

Indexes Show Positive Movement

By 12:13 pm ET, the Dow Jones had added 0.15%, while the Nasdaq 100 and the S&P 500 grew by 0.11% and 0.10% respectively. Meanwhile, the euro traded slightly below the dollar at 12:14 pm ET, with an exchange rate of 1.04189.