The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

U.S. stocks open higher despite worse-than-expected jobless claims

Contributed by NAMPA / Xinhua.

NEW YORK, Jan. 14 (Xinhua) -- U.S. stocks opened higher on Thursday even after data showed the number of Americans filing for unemployment benefits jumped last week.
Shortly after the opening bell, the Dow Jones Industrial Average increased 137.00 points, or 0.44 percent, to 31,197.47.47. The S&P 500 advanced 8.85 points, or 0.23 percent, to 3,818.69. The Nasdaq Composite Index rose 49.39 points, or 0.38 percent, to 13,178.34.
Eight of the 11 primary S&P 500 sectors moved higher in morning tradi ...