Dow Jumps Over 200 Points; US Initial Jobless Claims Fall
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
0mins
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks rose this morning, with the Dow Jones gaining over 200 points, while energy shares increased by 1.3% and health care stocks fell by 0.9%.
Economic Indicators: Initial jobless claims in the U.S. decreased by 13,000 to 228,000, and labor productivity in the nonfarm business sector declined by 0.8%, with unit labor costs increasing by 5.7% in the first quarter.
Analyst Views on ASST
About ASST
Strive, Inc., formerly Asset Entities Inc., is an asset management Bitcoin treasury company. The Company is focused on increasing Bitcoin per share to outperform Bitcoin over the long run. The Company's subsidiary, Strive Asset Management, LLC, is an SEC-registered investment adviser, which has assets under management (AUM) across approximately 13 exchange-traded funds, collective investment trusts, and a direct indexing platform.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
