Page 4 - Us Jobless Claims

S&P 500, Dow Jones hit record highs after upbeat jobless claims data

Mega-cap stocks Microsoft, Apple, Facebook and Amazon.com led the rally, recouping losses from a recent pullback and helping the benchmark S&P 500 surpass its Feb. 16 peak of 3,950.43

Wall Street: Dow hits all-time high after upbeat jobless claims data

Dow Jones Industrial Average rose 214.88 points, or 0.67%, to 32,511.90

US jobless claims rise as layoffs stay high despite drop in Covid-19 cases

Before the virus erupted in the United States last March, weekly applications for unemployment benefits had never topped 700,000, even during the Great Recession of 2008-2009

US weekly jobless claims fall marginally as labour market recovery stalls

Claims remain above their 665,000 peak during the 2007-2009 Great Recession, though they are below the record 6.867 million reported last March when the pandemic hit the United States

US weekly jobless claims decline moderately as Covid tears through nation

The number of Americans filing new applications for unemployment benefits decreased modestly last week as the Covid pandemic tears through the nation

US weekly jobless claims jump on Covid-19, renewed supplementary payments

The number of Americans filing first-time applications for unemployment benefits surged last week, confirming a weakening in labor market conditions as coronavirus affects businesses

S&P, Dow rise as weekly jobless claims dip; tech stocks drag down Nasdaq

(Reuters) -The S&P 500 and the Dow rose on Wednesday as jobless claims unexpectedly fell last week, while the Nasdaq retreated from a record high close on losses in heavyweight technology stocks.

Asian stocks dip after Wall Street hit record high on stimulus hope

Asian stock markets declined Friday after Wall Street hit a new high on optimism about economic stimulus and coronavirus vaccine development despite a spike in US unemployment claims. Shanghai, Tokyo and Hong Kong retreated. Overnight, Wall Street's benchmark S&P 500 index gained for a third day on optimism about progress in Washington toward a new economic aid package while the government reported the highest level of new jobless claims in three months. Market action suggested investors see bad data is good news for progress toward a stimulus, said Mizuho Bank in a report. The Nikkei 225 in Tokyo lost 0.2% to 26,760.30 while the Shanghai Composite Index was down less than 0.1% at 3,403.87. The Hang Seng in Hong Kong lost 0.7% to 26,490.37. The Kospi in Seoul lost less than 0.1% to 2,770.22 and Sydney's S&P-ASX 200 sank 0.7% to 6,710.00. New Zealand, Singapore and Jakarta also retreated. Investors have been waiting since before the American presidential election Nov. 3 for ...

US weekly jobless claims hit three-month high due to Covid-19 restrictions

The number of Americans filing first-time claims for jobless benefits unexpectedly rose last week as a relentless wave of new Covid-19 infections hobbled business operations

US jobless claims rise to 885,000 amid resurgence of coronavirus

The number of Americans applying for unemployment benefits rose again last week to 885,000 as a resurgence of coronavirus cases threatens the economy's recovery from its springtime collapse

US weekly jobless claims surge to a three-month high amid Covid pandemic

The number of initial jobless claims in the US increased to reach 853,000 last week, the highest since mid-September, the Labour Department reported

US says Covid-19 relief package won't offer $1,200 in direct payments

US lawmakers closed in on a Covid-19 relief bill that would provide roughly $300 in extra federal weekly unemployment benefits but not another round of $1,200 in direct payments to most Americans

S&P 500, Dow Jones retreat from record highs after bleak jobless data

The S&P 500 and the Dow Jones Industrial Average retreated from record closing highs, pulled lower by cyclicals and small caps that drove the rally earlier in the week

Wall St retreats as labour market recovery slows amid rise in Covid cases

The Dow Jones Industrial Average rose just 12.63 points, or 0.04%, at the open to 30,058.87

Wall St drops at open on surging Covid cases, rise in weekly jobless claims

Wall Street's main indexes opened lower on Thursday as surging Covid-19 cases and an unexpected rise in weekly jobless claims raised fears of stalling growth in the world's largest economy

US labour market gradually healing; weekly jobless claims at 7-month low

The number of Americans filing new unemployment benefits claims fell to a seven-month low last week, but the pace of decline has slowed and further improvement could be limited by a raging pandemic

US weekly jobless claims at 751,000 as market recovers at a slowing pace

The number of initial jobless claims in the US totalled 751,000 last week, as the labour market continues to recover at a slowing pace due to the raging Covid-19 pandemic

US job growth slows, nearly 4 million Americans permanently unemployed

The slowdown in hiring compounds problems for Trump, who announced overnight that he had tested positive for coronavirus

Gold prices fall to Rs 52,319 per 10 gram, silver slides to Rs 66,153 a kg

In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,200 from Rs 51,850 per 10 gram in the previous trade while price of 24-carat was at Rs 55,850, down by over Rs 700

US jobless claims jump back above 1 mn as Covid-19 pulls down economy

Jobless claims had fallen last week below 1 million for the first time since March, to 971,000