Everyone Was Waiting for Jobless Claims to Move the Stock Market. They Didn’t.

There is a rare feeling of calm on Wall Street as futures for the major stock indexes...were doing almost nothing Thursday morning even after the release of weekly jobless claims figures.

Futures for the Dow Jones Industrial Average were down 28 points, or 0.1% before the release, while S&P 500 and Nasdaq Composite futures were up only slightly. Then the data came out. Some 4.4 million Americans filed for unemployment insurance, a touch below economists expectations for 4.5 million. About 25 million people have lost their... Subscribe or Sign In to continue reading.

How many of those job losses are temporary vs permanent? When the nation opens back up they go back to work. Some will lose jobs, but the real question is how many and for how long? Likely not too long.

Surreal

Good reasoning

*someone cue the fed printing money gif*

is it cuz the feds been dumping trillions of dollars into the market over the past 6 months

Because Enabler Powell buys “all” & the market is not “free” anymore

They did though, higher as usual...

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Paul Singer's letter to Elliott investors predicts stock slump - Business InsiderWe read through billionaire Paul Singer's latest letter to Elliott investors. From destructive solar flares to money 'going to hell,' these are his 5 biggest worries.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Snap's ad business defied coronavirus fears in Q1 and its stock is popping - Business InsiderSnapchat's parent company grew its revenue 44% in the first three months of the year.
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Stock market live updates: Stocks fall 3%, oil carnage continues, IBM drops 6%“We are looking at a tough next two months coming forward,” one expert says, as the historic plunge in oil prices continues. Follow along with the latest stock market updates here: GetVidBot Oil industry is fucked for years, not months
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

US stock futures jump as oil market collapse weighs on investorsUS stock futures were up on Tuesday as the oil price crash continues to weigh on investors Y’all just got want people out spending money realDonaldTrump
Fonte: CNN - 🏆 4. / 95 Consulte Mais informação »