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Wall Street shrugs off impeachment, jobless data; set for flat open

Business

(Reuters) – U.S. stocks opened slightly higher on Thursday as data showed a dip in weekly jobless claims, while investors looked past the impeachment of President Donald Trump, who is unlikely to be removed from office.

The Dow Jones Industrial Average .DJI rose 39.03 points, or 0.14%, at the open to 28,278.31.

The S&P 500 .SPX opened higher by 1.18 points, or 0.04%, at 3,192.32, while the Nasdaq Composite .IXIC gained 11.23 points, or 0.13%, to 8,838.97 at the opening bell.

Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Saumyadeb Chakrabarty