NEW YORK - U.S. equity markets swung between tiny gains and losses Thursday morning as investors assessed a record number of first-time unemployment filings caused by the COVID-19 pandemic.
The Dow Jones Industrial Average fell 10 points, or 0.05 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite rose 0.27 percent and 0.11 percent respectively.
The gyrations come after all three of the major averages opened the second quarter with losses of 4.4 percent on Wednesday. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates Initial jobless claims rose to 6.648 million in the week ended March 28, according to the Labor Department, exceeding the 3.5 million that were expected as