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Weekly Jobless Claims Higher-Than-Expected

Weekly Jobless Claims Higher-Than-Expected

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Investors woke up this morning to what appeared like a pending disaster in pre-markets, less than a day after both the S&P 500 and Nasdaq closed at new record highs. We’re off the lows seen roughly 90 minutes before the opening bell, but we’re still down 480 points on the Dow, 60 on the S&P and 200 on the Nasdaq. Bitcoin is off -6% so far this morning, with Oil notching its thirds day lower, -1%.

...read full article on Zacks Investment Research

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