Stocks Climb On Upbeat Earnings And Stimulus Hopes Despite Ongoing Jobless Claims

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On the heels of the worst month for stocks since March, the first day of 4th-quarter trading revealed that some companies are recovering while Americans continue to be laid off

PepsiCo, stocks opened only slightly higher on the first day of fourth-quarter trading after weekly jobless claims revealed that the broader economy continues to struggle.... [+]

last week, less than the 850,000 new claims that economists polled by Dow Jones were forecasting, but only 36,000 claims fewer than the upwardly revised figure from the previous week.

 

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Another day in Trump’s America where CEO’s get more hand-outs while the rest of us lose our jobs.

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