Breaking stock market news today
The weekly initial US jobless claims figure came in at 3839 thousand more than the foreact of 3500 thousand. More than 3.8 million persons filed for unemployment.
Other important economic indicators
The personal income figure came in at -2.0%, worse than the consensus of -1.5%. The personal spending figure came in at -7.5%, worse than the consensus of -5%.
[…] At 2:31 PM today, ET time the US stock market is moving lower with all major stock indices having losses, Dow is falling more than 300 points. This is the latest stock market update: […]
[…] worse than expected jobless claims report showed that the job market conditions are very weak. The weekly initial US jobless claims figure […]