CFD Indices – US Market Declined On Higher Weekly Jobless Claims

Market News

  • Stocks on Wall Street opened lower, but closed with a rebound from early lows, on the heels of weekly initial jobless claims data that spiked by 137,000 to a seasonally adjusted 853,000, well above expectations for 725,000 and the highest level since mid-September, underscoring the need for fresh stimulus measures to support a flagging economy.
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