Stock market news live updates: Futures lose steam after unexpected jump in jobless

Stock market news live updates: Futures lose steam after unexpected jump in jobless

Stock market news live updates: Stocks listless after unexpected jump in jobless claims - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. Wall Street posted marginal gains on Thursday, with traders unsettled by an unanticipated rise in unemployment, threatening a 2-day rally that wiped out losses sustained during the worst trading day of 2021. Sentiment took a hit after an unexpected jump in jobless claims, which last week set a fresh pandemic-era low. New unemployment filings jumped to 419,000 in the latest week, well above consensus estimates of 360,000. Since the onset of COVID-19, the data series has served as an avatar of the labor market's health, and could take on new importance if rising infections start to trigger new restrictions — which may lead to another round of job losses. On Wednesday, stocks completed a 2-day hot streak, in …
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