PubCo Insight Market Report

•Stocks rose on Thursday, taking back some of the ground they lost over the past five trading sessions.
• The Dow Jones Industrial Average rose 184 points, while the broader S&P 500 gained 0.75% and the tech-heavy Nasdaq added 1.13%.
• There wasn’t one specific reason for stocks’ move higher, but there were a few possible explanations: a Labor Department report that jobless claims matched economists’ estimates; long-term Treasury yields rising slightly; and reports that Hong Kong is considering scrapping its outdoor mask mandate (although mainland China’s Shanghai Composite fell 0.1%)
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