US stocks trade mixed after jobless claims fall below 1 million for first time since March - Business Insider

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US stocks trade mixed after jobless claims fall below 1 million for first time since March

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The better-than-expected jobs data lifted stocks from a modest decline in early trading. Indexes' steady rally has recently slowed as investors' patience for a stimulus bill wanes. House Speaker Nancy Pelosi knocked the White House on Wednesday, saying that Democrats are "willing to resume negotiations" when the Trump administration starts "to take this process seriously." Democrats and Republicans remain worlds apart in plans for economic stimulus and talks remain deadlocked.

The S&P 500 remains les than 1% from a record high. The index closed just below its past peaks in the last two trading sessions as investors fluctuate between tech mega-caps and neglected cyclical stocks.

 

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Like seriously it should say 960k new people unemployed that doesn't show gains in employment it just shows less than the amount they expected of new filings.Could actually be up to 30 million people unemployed. Why not say something like 960k new filings adding to x amount?

Lol it's misleading . There are 15 million unemployed it's 960k new people filed for unemployment.

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