Wall Street ticked mostly higher as investors consider both the upsides and downsides of the U.S. economy remaining stronger than feared.
The S&P 500 rose 0.4 percent Thursday after wobbling between small gains and losses. The Dow added 0.8 percent and the Nasdaq ended just barely lower, less than 0.1 percent.
Yields jumped after data showed the U.S. economy grew faster at the year’s start than estimated. Fewer workers applied for unemployment benefits last week.
The data are a positive for investors because they suggest a growing economy can support corporate profits. They could also mean higher interest rates, however….