Stocks rally on jobless claims data, mortgage rates tumble: Yahoo Finance

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Initial Claims Data أخبار

Jobless Claims

All three of the major indexes are on the rise after initial claims data gave investors hope the economy wasn’t cooling as much as feared. For the week...

All three of the major indexes are on the rise after initial claims data gave investors hope the economy wasn’t cooling as much as feared. For the week ending August 3, there were 233,000 initial jobless claims filed. That’s down from 250,000 the prior week and less than the 240,000 economists had been expecting. There is good news for prospective homebuyers. The average rate for a 30-year fixed rate mortgage has fallen to 6.47% from 6.73% the prior week, according to Freddie Mac data.

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