The stock market opened slightly lower on Thursday, but futures cut losses even after another 2.4 million workers filed for unemployment, as investors continue to look ahead to a reopening of the country and economic recovery.Timothy A. Clary/AFP via Getty ImagesThe Dow Jones Industrial Average fell 0.22%, around 50 points, at Thursday’s open, while the S&P 500 was down 0.24% and the Nasdaq lost 0.12%.
Another 2.4 million Americans filed for unemployment the week ending May 16, bringing the total number of job losses over the last nine weeks toThe number of job losses, which were in line with Wall Street expectations, has been declining in recent weeks—but also signals that despite gradual reopenings across the country, workers are still struggling amid the coronavirus crisis.
Oil prices moved higher on Thursday, on track for their fourth straight week of gains, as West Texas Intermediate rose to trade at $34 per barrel—its highest level in more than two months. Stocks have largely moved higher this week as investors grow more optimistic about states lifting stay-at-home orders and reopening businesses, with hopes for a potential coronavirus vaccine lifting sentiment.
Flat? Predicting today or ignoring yesterday? Maybe neither
SPOT FIVE DIFFERENCES if you love challenge and think you can win .. don't lose time and download it now i challenge you (win) ios: android: YouTube
The global markets will continue to experience fluctuations while the global economy tries to restart itself
Good Morning Forbes Family have a beautiful Thursday TwitterFamily 💙☀️🌺💙
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forbes Small Giants: 25 Companies That Believe Smaller Is BetterFrom a tequila maker to a chain of Mexican bakeries, these privately owned and closely held U.S. companies all share a commitment to greatness over fast growth and on better serving their customers, employees and communities.
Source: Forbes - 🏆 394. / 53 Read more »
Forbes All-Star Book Club: Kit Crawford Reviews ‘Braiding Sweetgrass’Kit Crawford, the co-owner and co-CEO of Clif Bar, shares what's on her bedside table. People may call you communist 😊 Absolute words
Source: Forbes - 🏆 394. / 53 Read more »
Stocks mostly lower at open ahead of testimony from Powell, MnuchinU.S. stocks opened mostly lower on Tuesday as investors eyed Congressional testimony from Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell in the morning.
Source: MarketWatch - 🏆 3. / 97 Read more »
Hedge funds piled into these stocks during the first-quarter sell-offThe 10 top new picks in the hedge fund world during the first quarter outperformed the market by 8.4% on average in 2020, RBC finds. Pro Wake up CNBC the whole world is not New York and California the fly over States will pull you out of this where sick of hearing about New York and California
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Stocks rise, worst of job losses over?, Best Buy dropsStocks opened modestly lower today, as some of Wednesday’s optimism cooled. Follow along with the latest stock market updates here: Hey everyone! Lets give a Fuck you shout out to federalreserve FuckyouFed Please trend this! Ands partridge in a pear tree. Apparently investors didn’t think anything short of 25% unemployment mattered to the economy.
Source: CNBC - 🏆 12. / 72 Read more »
Tread carefully if you're buying biotech stocks, traders say as group nears all-time highsTread carefully if you're buying biotech stocks, traders say as group nears all-time highs $IBB (via TradingNation) TradingNation Thanks CNBC all in now!! TradingNation Are you guys saving this for later? TradingNation Teppers blazer game is strong. I want some shares
Source: CNBC - 🏆 12. / 72 Read more »