Dow Jones ETF DIA rises as tech slips and Trump defense headlines jar Wall Street before payrolls
The SPDR Dow Jones Industrial Average ETF Trust rose 0.6% to $492.73 Thursday as the Dow climbed 304 points, while the Nasdaq slipped on tech losses. Weekly jobless claims increased to 208,000 and continuing claims reached 1.914 million. Defense stocks rebounded after President Trump proposed a $1.5 trillion military budget for 2027. Investors await Friday’s U.S. nonfarm payrolls report.