Tag Archives: jobless

Stocks teeter as earnings roll in, jobless claims drop

Stocks teeter as earnings roll in, jobless claims drop

U.S. stocks continued a streak of choppy trading to start Thursday as third-quarter financial results from companies continued to barrel in against a backdrop of persisting growth concerns on Wall Street. The major indices wavered to start the session, then steadily climbed throughout the morning. The S&P 500 (^GSPC) was up about 1%, while the Dow Jones Industrial Average (^DJI) moved up 350 points, or 1.2%. The technology-heavy Nasdaq Composite (^IXIC) was up 1.3%. Meanwhile, Treasury yields… Source link

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Stocks waver after rally sputters, jobless claims rise

Stocks waver after rally sputters, jobless claims rise

U.S. stocks were mixed at the start of trading Thursday after a dramatic two-day rally that kicked off the quarter fizzled. The S&P 500 edged down 0.1%, while the Dow Jones Industrial Average sank 90 points, or 0.3%. The technology-heavy Nasdaq Composite was an outlier — up a modest 0.2%. The moves early Thursday came after fresh data from the Labor Department showed a jump in the number of Americans filing for first-time unemployment insurance last week. Initial jobless claims rose sharply… Source link

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Jobless claims hold near their lowest levels since the 1960s

Jobless claims hold near their lowest levels since the 1960s

Weekly unemployment claims held near their lowest levels since the 1960s, with a strong labor market and improving levels of unemployment remaining a bright spot in the U.S. economy. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended April 16: 184,000 vs. 180,000 expected and an upwardly revised 186,000 during prior… Source link

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New jobless claims fall to 187,000, setting more than five-decade low

New jobless claims fall to 187,000, setting more than five-decade low

U.S. jobless claims set a more than 50-year low last week as the red-hot labor market shows few signs of cooling in the near-term. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended March 19: 187,000 vs. 210,000 expected and a revised 215,000 during prior week Continuing claims, week ended March 12: 1.350… Source link

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US jobless claims rise to 3-month high

US jobless claims rise to 3-month high

Weekly new jobless claims unexpectedly jumped last week by the most since October, with some renewed virus-related disruptions at least temporarily impeding the labor market’s recovery.   The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 15: 286,000 vs. 225,000 expected and a revised 231,000 during prior… Source link

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Jobless claims totaled 184,000 last week, reaching lowest since 1969

Jobless claims totaled 184,000 last week, reaching lowest since 1969

New initial jobless claims improved much more than expected last week to reach the lowest level in more than five decades, further pointing to the tightness of the present labor market as many employers seek to retain workers.  The Labor Department released its weekly jobless claims report on Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended Dec. 4: 184,000 vs. 220,000 expected and an upwardly… Source link

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Weekly jobless claims total 199,000, reaching the lowest since1969

Weekly jobless claims total 199,000, reaching the lowest since1969

New jobless claims fell far more than expected to the lowest level since November 1969 last week, underscoring the present tight labor market conditions as initial unemployment claims near 2019 levels while job openings hold near record highs.  The Labor Department released its jobless claims report on Wednesday, a day earlier than usual due to the Thanksgiving holiday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment… Source link

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Jobless claims hit new pandemic-era low at 281,000 filings

Jobless claims hit new pandemic-era low at 281,000 filings

Weekly jobless claims fell in the latest week, setting a marginal new pandemic-era low as the labor market slowly recovers to levels before COVID-19 walloped the global economy. The Labor Department released its jobless claims report on Thursday morning at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended October 23: 281,000 vs. 288,000 expected and a revised 291,000 during the prior… Source link

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Stock futures open higher ahead of GDP, jobless claims

Stock futures open higher ahead of GDP, jobless claims

Stock futures opened slightly higher Wednesday evening after a mixed day in the markets, with the major equity indexes pulling back from record levels. Traders looked ahead to more earnings and economic reports on Thursday.  Contracts on the S&P 500 ticked up. The blue-chip index dropped on Wednesday after posting two consecutive days of record closing highs. The Dow also declined, while the Nasdaq ended slightly higher.  Investors on Thursday are set to receive more earnings data, as well… Source link

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