Stimulus bets set to lift Wall St. as labor market rebound slows

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Wall Street's main indexes were set to open slightly higher on Thursday, as investors held out for a new coronavirus relief package with data signaling that a recovery in the labor market was stalling.

- Wall Street’s main indexes were set to open slightly higher on Thursday, as investors held out for a new coronavirus relief package with data signaling that a recovery in the labor market was stalling.

The number of Americans filing for unemployment benefits rose last week for the first time in nearly four months, a report from the Labor Department showed.

 

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Alternative headline. Your children’s money helps to keep markets green while the country burns

Final version of stimulus bill must look much closer to that of what the house passed months ago, in order to have the desired effect.

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