U.S. stocks traded mixed Thursday morning, in what has become an increasingly volatile market resulting in uncertainty over the spread of coronavirus and a fuzzy path for monetary policy and the U.S. economy. The Dow Jones Industrial Average DJIA was up 0.4% at 34,161, the S&P 500 index SPX added 0.1% to 4,518, while the Nasdaq Composite Index COMP declined 0.1% at 15,241. In ecoonomic reports, the number of people who applied for unemployment benefits around Thanksgiving surged above 200,000, partly reversing a big plunge in the prior week that had knocked jobless claims down to 52-year low. New filings for benefits jumped by 28,000 to 222,000 in the seven days ended Nov. 27, the Labor Department said Thursday. Markets have been under pressure as a result of the emergence of concerns related to the omicron variant of the coronavirus that causes COVID-19.
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