RGEN

S&P 500, Nasdaq snap losing streaks as jobless claims rise

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Weekly jobless claims rise consistent with estimates Moderna, Pfizer up as FDA clears up to date COVID boosters Exxon rises after boosting buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec. 8 (Reuters) – The S&P 500 (.SPX) closed greater on Thursday, snapping a five-session dropping streak, as traders interpreted knowledge displaying an … Read more

US labor market still tight despite continuous claims hitting 10-month high

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Weekly jobless claims rise from 4,000 to 230,000 Persevering with claims rise 62,000 to 1,671 million WASHINGTON, Dec 8 (Reuters) – The variety of Individuals submitting new claims for jobless advantages elevated modestly final week, pointing to a nonetheless sturdy and tight job market regardless of rising fears of a recession because the Federal Reserve … Read more