There were 840,000 new claims filed in the week ended October 3, a drop of 9,000 from the previous week's level, but around four times the level a year ago, according to the data.
Mr O'Hare said the market has become more confident the US election will not be contested following recent polls showing challenger Joe Biden with a widening lead. "The market is getting around the idea that is treatable," he said."The market is not living on the notion that it needs to get this stimulus now."
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US stocks rise again amid conflicting signs on stimulusNEW YORK (AFP) - Wall Street stocks rose for a second straight session on Thursday (Oct 8) amid conflicting signs on the prospects for more US stimulus, as data showed joblessness staying stubbornly high.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US airline stocks plunge on Trump move to end stimulus talksWASHINGTON (REUTERS) - Shares of major airlines fell on Tuesday (Oct 6) after US President Donald Trump said his administration would abandon talks with congressional Democrats over proposals to spend at least US$1.6 trillion in additional coronavirus relief funds.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Asian stocks set to dip after US halts stimulus talksAsian stocks were set to open lower on Wednesday, weighed by a weaker Wall Street finish after U.S. President Donald Trump dashed hopes for a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Seoul: Stocks rise on US stimulus hopes; won hits over 17-month closing high[SEOUL] South Korean shares closed higher on Thursday, extending gains into a seventh session on renewed hopes for some US stimulus spending. The won posted its highest close in more than 17 months, while the benchmark bond yield also rose. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US economic recovery gets harder as Trump end stimulus talks; stocks tumbleWASHINGTON (BLOOMBERG) - The collapse of pre-election US stimulus talks threatens to inflict another wave of economic pain on Americans and curtail a recovery that's already slowed.. Read more at straitstimes.com. Why don’t you report that Pelosi has a ridiculous proposal that’s not aimed at relieving Covid effects?
Source: The Straits Times - 🏆 8. / 63 Read more »
Europe: Stocks near three-week high as US stimulus talks lift global mood[BENGALURU] European stocks hit a near three-week high on Thursday as investors globally pinned hopes on more US stimulus even as coronavirus cases surged across the continent. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »