STOCK MARKET NEWS: Southwest woes continue, oil falls, jobless claims due

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Southwest Airlines cancels more flights. Small business hurt by crime. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

U.S. equity futures are trading higher Thursday, following a day when benchmarks fell.Oil prices declined as COVID-19 cases in China dimmed hopes of a recovery in fuel demand.Brent futures also traded around 2% lower at $81.00 a barrel.

On Wednesday, the S&P 500 fell 1.2%, with technology, energy and industrial stocks among the biggest weights on the benchmark index. It finished at 3,783.22.Posted by Ken MartinLabor Department reports jobless claims on Thursdays. Expectations are for a rise of 9,000 to 225,000 after a smaller-than-expected rise the prior week to 216,000.

Watch for a draw of about 2 million barrels in distillate supplies and a build of just over half a million barrels in gasoline inventories.Oil prices traded lower on Thursday as COVID-19 cases in China dimmed hopes of a recovery in fuel demand.Brent futures also traded around 2% lower at $81.00 a barrel.

GasBuddy, an app that provides real-time gas price information, released 2023 projections on Wednesday that suggest Americans should expect some relief at the pump at the start of next year.

 

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Boycott southwest out of business

Appeal to my American Friends. Armageddon in the center of Europe! Russia fills Ukraine with blood and covers the earth with human flesh! Women and children are destroyed! Stop the genocide of the nation!

I smell a government bailout coming depending on how much SW donated to candidates?

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