US stocks edge higher, on track for mild weekly gain as Netflix tumbles | Markets Insider

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US stocks edge higher, on track for mild weekly gain as Netflix tumbles

The mild gains follow the S&P 500hit 1.3 million

in the week that ended on Saturday, the Labor Department announced on Thursday. Economists surveyed by Bloomberg had expected claims to fall to 1.25 million for the week. The reading was also the smallest decline since March, suggesting elevated claims data could last longer than first anticipated.

 

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