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Biden's multi-trillion dollar proposal, which includes spending on roads and bridges as well as green energy and water system upgrades, was still in focus after the open on Thursday.
Now it's time to rebuild," said Biden. This week's jobless claims report from the Department of Labor was also firmly in focus after unexpectedly rising last week. According to the Labor Department, initial claims for state unemployment benefits totalled a seasonally adjusted , for the week ended 27 March, up from the prior week's print of , - the fewest since the middle of March Lastly, construction spending fell in February, likely due to a cold snap in parts of the US during the month.
According to the Commerce Department, construction spending decreased 0. In the corporate space, Microsoft shares were 2. Micron Technology was ahead 4.
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