- The Nasdaq rose 0.1% on Thursday to close at 15,182 points.
- T-Mobile shares rallied following news of a partnership with Walmart.
- General Motors fell on extension to planned factory downtime amid chip crisis.
The US markets closed mixed on Thursday as new weekly jobless claims rose 20,000 to 332,000 in the US while retail sales for August spiked 0.7% unexpectedly.
The Dow Jones fell 0.18% to finish the trading day down 63 points to close at 34,751 points .
The tech heavy NASDAQ rose 0.1% to finish the trading day up 20 points to close at 15,182 points with Netflix and Amazon gaining 0.62% and 0.36% respectively.
One bitcoin is worth US$47,730 going into the Asian trading day.
The Australian dollar is firm against the major currencies and is buying 72.95 US cents.
Telecommunications giant T-Mobile rallied yesterday after announcing a new partnership with Walmart. From the 18th of October customers in the US can pick up Metro by T-Mobile smartphones, including 5G phones, from around 2300 Walmart stores across the US.
General Motors shares dipped on Thursday after the automaker announced extensions to planned downtime scheduled at seven factories in the US, Canada and Mexico as the global chip shortage crisis continues to impact production. General Motors will continue production of its full-size pickup trucks and SUVs though at some plants in North America.
And Cameo has introduced a new ?Cameo Calls? feature allowing users to pay for live video meet-and-greets with celebrities instead of paying for a pre-recorded celebrity video message.