US STOCKS-Wall St set to open lower as jobless claims data fans slowdown fears – Yahoo Finance
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)
*
U.S. weekly jobless claims fall; layoffs jump in March
*
Non-farm payrolls data due on Friday
*
Alphabet up on report Google to add Chat AI to search
*
AMC jumps as court order hinders stock conversion plan
*
Futures down: Dow 0.05%, S&P 0.11%, Nasdaq 0.38%
(Updates prices throughout; adds details, comments)
By Ankika Biswas and Amruta Khandekar
April 6 (Reuters) – Wall Street’s main indexes were set to open lower on Thursday as a stronger-than-expected weekly jobless claims report pointed to growing signs that rapid interest rate hikes by the Federal Reserve was slowing down economic growth.
Initial claims for state unemployment benefits stood at 228,000 last week, a fresh Labor Department report showed, much higher than economists’ projection of 200,000 in the latest week.
The latest report adds to evidence of a cooling labor market after weak data on private payrolls…
The post US STOCKS-Wall St set to open lower as jobless claims data fans slowdown fears – Yahoo Finance first appeared on SEO, Marketing and Social News | OneSEOCompany.com.
source: https://news.oneseocompany.com/2023/04/06/us-stocks-wall-st-set-to-open-lower-as-jobless-claims-data-fans-slowdown-fears-yahoo-finance_2023040643151.html
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.