The market opened lower on Thursday despite new unemployment claims beating Wall Street expectations, as stocks took a breather following robust gains so far this week.The Dow Jones Industrial Average was up 0.1% on Thursday, while the S&P 500 fell 0.6% and the tech-heavy Nasdaq Composite lost 1.7%.
Continuing claims fell to 13.3 million, a sharp drop of more than 1.2 million from the previous week, showing a moderate improvement in the labor market.
you mean Initial Claims, don't you, rich mans' magazine?
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