The market opened lower on Thursday after another 1.1 million Americans filed for unemployment amid the coronavirus pandemic, but stocks pared back losses and finished positive thanks to a rally in Big Tech stocks.KEY FACTS
Sentiment initially took a hit—with the Dow opening 150 points lower—from disappointing economic data: Jobless claimsThe sharp uptick from the 963,000 claims in the previous week shows just how vulnerable the labor market still is as the coronavirus continues to weigh heavily on the U.S. economy.
skleb1234 👍
skleb1234 Bubble or not, this is the question
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Move Slightly Higher After Strong Retail EarningsMajor retailers continued to report surging profits and millions of new customers amid the pandemic.
Source: Forbes - 🏆 394. / 53 Read more »
Stocks open higher on Wall Street; Apple nears $2 trillionStocks open higher on Wall Street, a day after the S&P 500 closed at a record high for the first time since February. Technology led the way higher again, and Apple edged closer to becoming the first U.S. company to be worth $2 trillion. Thank later Stock👏Markets👏are👏rich👏people👏astrology. Hows apple helping homelessness, poverty, mass unemployment and health care? So how much taxes are payedsales tax to States?
Source: AP - 🏆 728. / 51 Read more »
Stocks to buy, 5 companies set for gains as the economy reopens - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock market news today: Stocks mixed after S&P 500 record close - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Oil slips as demand worries outweigh U.S. stocks drawOil prices eased on Wednesday on concerns that U.S. fuel demand may not recover as quickly as expected amid stalled talks on an economic stimulus package, overshadowing a bigger-than-expected drawdown in U.S. crude stocks. Good news for the planet.
Source: Reuters - 🏆 2. / 97 Read more »