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Stocks waver after GDP, jobs data

Stocks waver after GDP, jobs data

Stocks are wavering in early trading despite new reports on unemployment and gross domestic product that showed the economy might be stabilizing.
Investors also got some good news from Boeing, which said its long-delayed 787 aircraft will be ready for its first flight by the end of this year. The news sent shares of Boeing, a Dow Jones industrial average component, sharply higher.
Trading has been erratic over the past week, even amid data showing improvements in housing and consumer confidence. Investors are worried about extending the market's impressive spring and summer rally without signs of economic growth.
The Dow is down 4 to 9,538. The Standard & Poor's 500 index is down 2 to 1,025, while the Nasdaq composite index is down 6 to 2,017.


Updated : 2020-12-06 07:36 GMT+08:00