Unemployment Claims Report Sours Wall St Mood

US equities were finely balanced before the market opened, with futures having recovered following an immediate slump after the release of unexpectedly bad unemployment data

Topics:  unemployment   
BING NEWS:
  • Jobless claims climb to 4-week high of 229,000, but layoffs still show no sign of accelerating
    The number of Americans who applied for unemployment benefits last week rose to a four-week high of 229,000 — likely in part due to the end of the school year — but there was little sign of rising ...
    06/6/2024 - 2:27 am | View Link
  • Wall St. cleaves between winners and losers on report showing slowing economy
    U.S. stocks were split among winners and losers June 4 after a report suggested the job market is cooling, the latest signal of a slowing economy that ...
    06/4/2024 - 11:00 am | View Link
  • Wall St Week Ahead: Struggling Dow transport stocks could be economic warning signal
    It's been a banner year for the major U.S. stock indexes, but one economically sensitive corner of the market sticks out as a sore spot.
    06/2/2024 - 1:00 am | View Link
  • Jobless claims rise slightly to 219,000 in latest week — but the labor market is still tight
    The numbers: Initial jobless claims rose by 3,000 to 219,000 in the week ended May 25, the Labor Department said Thursday. Economists polled by The Wall Street Journal had estimated new claims would ...
    05/30/2024 - 2:10 am | View Link
  • US weekly jobless claims edge up in latest week
    The number of Americans filing new claims for unemployment benefits ticked higher last week, but underlying strength in the labor market still shows signs of persisting and should continue to support ...
    05/30/2024 - 12:43 am | View Link
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