NEW YORK U.S. stocks edged higher on Thursday a day ahead of the key monthly jobs report, with a rebound in Apple's shares helping to boost the Nasdaq.
Based on the latest available data, the Dow Jones industrial average was up 39.55 points, or 0.30 percent, to end unofficially at 13,074.04. The Standard & Poor's 500 Index was up 4.64 points, or 0.33 percent, to finish unofficially at 1,413.92. The Nasdaq Composite Index was up 15.57 points, or 0.52 percent, to close unofficially at 2,989.27.
(Reporting by Caroline Valetkevitch; Editing by Jan Paschal)
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With the Nifty breaching 8,500, sentiments are again bullish. But markets have been in the 8,200-8,600 range for some time and stocks across the board do not give the required confidence except for the liquidity factor. Many frontline stocks are not participating on the upside and the core sector is in a downtrend, writes Ambareesh Baliga. Column