Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause

U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.

Markets Gain at Midday, Lifted by Tech Stocks, Possible Fed Rate Hike Pause
U.S. equities gained at midday on Thursday, June 8, 2023, boosted by tech stocks after a greater-than-expected rise in weekly unemployment claims raised speculation the Fed might pause raising interest rates to fight inflation.