Jobless claims data, broadening stock gains: Market Takeaways
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Jobless claims data, broadening stock gains: Market Takeaways
US stocks (^DJI, ^IXIC, ^GSPC) closed Thursday's session in positive territory after the latest inflation data and President Trump announcing plans for unilateral tariffs against trade partners.\n\nYahoo Finance senior markets reporter Josh Schafer examines several of the prominent market themes in the trading day, including this week's initial ...
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Weekly jobless claims dipped but that does not signal a strong labor market. Seasonal volatility around the holidays often distorts weekly data. The broader trend is a low hire low fire economy where employers are not hiring aggressively and unemployment pressure continues to build. This matters for interest rates and housing decisions. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 | Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 | Real Estate Broker - CA Dept of Real Estate |
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Weekly jobless claims dipped but that does not signal a strong labor market. Seasonal volatility around the holidays often distorts weekly data. The broader trend is a low hire low fire economy where employers are not hiring aggressively and unemployment pressure continues to build. This matters for interest rates and housing decisions. Russell McDonald | NMLS 290837 | Broker CA DRE 01150730 | Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628 | Real Estate Broker - CA Dept of Real Estate |
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