5 things to know before the stock market opens Thursday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Dow futures are lower Thursday following a 3.5% three-session rally on optimism over the reopening of the economy.

On Thursday morning, data on first-time jobless claims for last week are seen rising by 1.8 million, which would bring the total number of Americans who filed since mid-March to nearly 43 million. However, the pace of new claims has been slowing in recent weeks. The government reports its May employment report Friday, with nonfarm payrolls expected to decline by 8.3 million and the nation's unemployment rate expected to soar to 19.5%.

The area in front of the Welcome to Fabulous Las Vegas sign, where tourists often line up to take photos, is shown empty as most businesses in the area are closed as a result of the statewide shutdown due to the continuing spread of the coronavirus across the United States on March 22, 2020 in Las Vegas, Nevada.Thursday, under a number of coronavirus requirements, including 50% capacity in gaming areas. Hotels do not have to limit room capacity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 12. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market live updates: Dow futures up 150, Nasdaq-100 nears record, reopening trades up againInvestors clung to optimism for a smooth economic reopening as more coronavirus restrictions started to ease. The bubble is so grand. Look at it float skywards. Govt economic interference is Icarus, as you are discovering, and will continue to do so. more smoke up my ass
Source: CNBC - 🏆 12. / 72 Read more »

Dow Gains 250 Points As Stocks Rally Despite Civil UnrestWall Street continues to look ahead to a reopening of the economy, even amid widespread protests. skleb1234 skleb1234 The Good ones are trading. skleb1234 Smells like market manipulation
Source: Forbes - 🏆 394. / 53 Read more »

Stocks Rally, Dow Up 100 Points Despite Civil UnrestThe market opened higher today, with stocks continuing to rally on optimism about a reopening of the economy despite widespread civil unrest across the country over the killing of George Floyd by skleb1234 Which market? 😂 skleb1234 Does not make any sense. How can markets rally with unemployment s & civil unrest. skleb1234 Why
Source: Forbes - 🏆 394. / 53 Read more »