• Stocks inch higher as jobless claims fall

  All three of the major U.S. stock averages rose in early trading as investors focused on a drop in weekly jobless claims ahead of Friday's monthly report for July. In earnings, over 80% of companies continue to report better-than-expected results fueling positive sentiment. Automakers GM, Ford and Tesla, are in focus as President Biden plans to detail his zero-emissions push later today.

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