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US stocks trade mixed after weekly jobless claims come in higher than expected

1 month ago   |   By Business Insider

A trader works on the floor at the New York Stock Exchange in New York City, New York, U.S., March 3, 2020.
Andrew Kelly/Reuters
US stocks were mixed on Thursday after weekly jobless claims came in higher than expected. 419,000 Americans filed for unemployment last week, well above the estimate of 350,000. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks halted their uptrend early Thursday morning and moved lower following a surprise jump in weekly jobless claims. 419,000 Americans filed for unemployment last week, well above the estimate of 350,000...
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The number of Americans filing for unemployment unexpectedly spiked to 419,000 last week

The number of Americans filing for unemployment unexpectedly spiked to 419,000 last week

1 month ago   |   By Business Insider

Summary List Placement Initial jobless claims for the week ending July 17 came in at 419,000, far higher than the consensus expectation of 350,000, according to Bloomberg .
The unexpected spike in the number of Americans newly out of work from last week's revised figure of 368,000 is another in a series of blips in a noisy but gradually declining measure.
While the number of Americans newly filing for unemployment benefits tends to bounce around from week to week, it's been on a general downward trend after spiking to record-shattering numbers amid the early days of the pandemic last...
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U.S. jobless claims show surprise gain, well above expectations

1 month ago   |   By CNBC

Initial claims for unemployment insurance were expected to total 350,000 for the week ended July 17, according to economists surveyed by Dow Jones.
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