The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week’s revised level of 230,000US markets end in green on Thursday – Latest News
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19 Jun 2026
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US Markets ended in green on Thursday with semiconductor shares leading gains as optimism about a Middle East peace deal offset worries about a hawkish Federal Reserve under new Chair Kevin Warsh. Traders took support with a report released by the Labor Department showed a modest pullback in first-time claims for U.S. unemployment benefits in the week ended June 13th. The Labor Department said initial jobless claims dipped to 226,000, a decrease of 4,000 from the previous week’s revised level of 230,000. The street had expected jobless claims to edge down to 225,000 from the 229,000 originally reported for the previous week. Traders took a note of a report released by the Conference Board showed its reading on leading U.S. economic indicators edged higher for the second straight month in May. The Conference Board said its leading economic index inched up by 0.1 percent in May after rising by 0.2 percent in April. On the sectoral front, with Intel leading the way higher, semiconductor stocks moved sharply higher, driving the Philadelphia Semiconductor Index up by 6.4 percent to a record closing high. The drop by the price of crude oil has also contributed to substantial strength among airline stocks, with the NYSE Arca Airline Index surging by 3.8 percent.
Nasdaq increased 496.27 points or 1.91 percent to 26,517.93, S&P 500 was up 80.48 points or 1.08 percent to 7,500.58 and Dow Jones Industrial Average rose 72.15 points or 0.14 percent to 51,564.7.
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