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US stocks gains as encouraging labor-market data overshadows stimulus uncertainty

1 month ago   |   By Business Insider

Summary List Placement
US stocks slid on Thursday as investors weighed better-than-expected weekly jobless claims against continued stimulus negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin.
Pelosi and Mnuchin will continue talks on Thursday, though Senate Republicans have shown little signs of support for the potential bipartisan deal.
New US weekly jobless claims totaled 787,000 last week, coming in below the median economist estimate of 870,000 compiled by Bloomberg. It also reflected a marked decrease from the prior week's revised total.
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US jobless claims drop to 787,000, but layoffs remain high amid COVID-19 pandemic

US jobless claims drop to 787,000, but layoffs remain high amid COVID-19 pandemic

1 month ago   |   By ABC

Thursday's report from the Labor Department said the number of people who are continuing to receive unemployment benefits tumbled by 1 million to 8.4 million.
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US workers file 787,000 new jobless claims amid COVID crisis

US workers file 787,000 new jobless claims amid COVID crisis

1 month ago   |   By New York Post

The number of Americans applying for unemployment benefits fell to 787,000 last week despite continued pressure on the labor market from the coronavirus pandemic, the feds said Thursday.
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