S&P 500 Inches Higher as Falling Yields Hurt Bank Stocks, Lift Tech By Investing.com – Investing.com

S&P 500 Inches Higher as Falling Yields Hurt Bank Stocks, Lift Tech By Investing.com – Investing.com

By Yasin Ebrahim

Investing.com – The S&P 500 inched higher Thursday,  as technology stocks received a boost from falling Treasury yields following data showing a surprise rise in weekly jobless claims.

The rose 0.18%, the gained 0.14%, or 48 points, the Nasdaq was up 0.30%.