• U.S. stocks struggled for gains Thursday morning as the labor market showed small improvements and lawmakers attempted to iron out a deal for COVID-19 relief.

  U.S. stocks struggled for gains Thursday morning as the labor market showed small improvements and lawmakers attempted to iron out a deal for COVID-19 relief. The Dow Jones Industrial Average swung between small increases and decreases, while the S&P 500 dipped 0.08 percent and the Nasdaq was flat after dipping into the red. The tech-heavy index secured its 31st record-high close of the year on Wednesday.  Continuing jobless claims for the week ended July 25 fell to 16.1 million from the prior week’s revised reading of 16.95 million. Initial claims were 1.186 million for the week ended Aug. 1, the lowest since the pandemic began. The July jobs report will be released on Friday morning.

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