The market had a mixed open on Thursday, as stocks got a boost from lower-than-expected jobless claims but investors also watched for updates on the next round of coronavirus stimulus from U.S. lawmakers.Angela Weiss/AFP via Getty ImagesThe Dow Jones Industrial Average was up 0.2%, over 50 points, on Thursday morning, while the S&P 500 rose 0.1% and the tech-heavy Nasdaq Composite gained 0.2%.
Stock market futures pared back earlier losses and briefly turned positive after better-than-expected unemployment data: The Labor Department said that nearly 1.2 million AmericansNot only did that beat Wall Street estimates of 1.4 million, but it’s also the lowest levels of weekly jobless claims since the coronavirus pandemic began.
The jobs data comes as investors closely watch for progress on a new coronavirus stimulus bill, but Congress remains deadlocked over key issues like extending federal unemployment benefits, which expired last week.CNBC on Thursday that despite stalled negotiations, he expects an agreement on the next round of coronavirus relief to be reached “in the near future.”Rocket Companies, the parent company of Quicken Loans, is set to make its public market debut on Thursday.
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skleb1234 An American dies from COVID every 80 seconds.
skleb1234 Stock market goes up Pensions goes down Go figure.
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Stocks Open Flat Despite Better-Than-Expected Jobless ClaimsI am a New York—based reporter for Forbes covering breaking news, with a focus on financial topics. Previously, I wrote about investing for Money Magazine and was an intern at Forbes in 2015 and 2016. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com The idea that 1.1 million jobless claim is good news is preposterous
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Stocks tick higher on Wall Street, but Treasury yields sinkU.S. stock indexes drifted higher Tuesday as Wall Street’s big rally eased off the accelerator.
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Stocks making the biggest moves after hours: Nikola, Twilio, Novavax and moreSee which stocks are posting big moves after the bell. Down, down, and down. Lol Nikola 😂😂😂😂 what a joke Those are all sucker plays... lol
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