Tag: state unemployment benefits
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Stocks Waver after Jobless Claims, Mixed Earnings
U.S. stocks edged between narrow gains and losses in early trading on Thursday, as investors weigh mixed earnings results with a slight dip in claims for unemployment benefits. The Dow Jones Industrial Average lately rose 50.56 points to 11,555.18. The Standard & Poor’s 500 Index was up 5.86 points to 1,215.74. The Nasdaq Composite Index…
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Stocks Opened Lower after JPMorgan, China Data
U.S. stocks slipped Thursday after earnings from JPMorgan Chase & Co. and Chinese economic data disappointed. The Dow Jones Industrial Average lately fell 92.63 points to 11,426.22. The S&P 500 declined 10.83 points to 1,196.42. The Nasdaq Composite was off 7.97 points to 2,596.76. JPMorgan Chase’s third-quarter income fell 4 percent on weaker investment banking…
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Stocks Tumble at Start Following Global Markets
U.S. stocks opened sharply lower amid more signs of weak economic conditions around the globe, including disappointing jobless claims and inflation data in the U.S. The Dow Jones Industrial Average lately fell 334.64 points to 11,075.57. The Standard & Poor’s 500 Index declined 38.13 points to 1,155.76. The Nasdaq Composite Index dropped 95.76 points to…
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Stocks Gained after Data, Earnings
U.S. stocks were rising in early trading on Thursday, after the government reported initial jobless claims rose 10,000 to 418,000 last week and Morgan Stanley reported better-than-expected earnings results. The Dow Jones Industrial Average lately climbed 94.15 points to 12,666.06. The Standard & Poor’s 500 Index gained 11.25 points to 1,337.09. The Nasdaq Composite slid…
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Stocks Closed Higher on Data
U.S. stocks rallied to close higher Thursday as strong labor market and retail sales data lifted optimism a day before the U.S. employment report for June. The Dow Jones Industrial Average closed up 93.47 points, or 0.74%, at 12,719.49. The S&P 500 Index closed up 14.00 points, or 1.05%, at 1,353.22, and the Nasdaq Composite…
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Stocks Fell Sharply After Jobs Report
Stocks fell sharply in the early trading on Thursday after the government reported an unexpectedly sharp jump in unemployment claims. The Dow Jones industrial average lately dropped 178.46 points, or 1.47 percent, to 11,931.21. The Standard & Poor’s 500 Index lost 19.86 points, or 1.54 percent, to 1,267.28. The Nasdaq Composite Index slid 36.66 points,…