365 Stock market news

The trading on Wall Street opens today with rising prices, in view of sharp increases in oil prices, as a result of fires in Alberta, the “oil capital” of Canada, which causing severe disruptions in the oil production in reservoirs in the area.
The US indices influenced by macro data and reports published today,such as the the weekly jobless claims.
The data pointed of a sharp rise in the initial jobless claims, more than expected, 274 thousand – a record of five weeks, compared to 257 thousand in the previous week. However, the number of people receiving unemployment benefits fell to a low of 16 years.
The first quarter earnings season is in the final stretch.
Before the trading today, China’s online commerce giant Alibaba reported of a surge of 39% to 3.75 billion, and the net income jumped by 97% to 793 million.