Jobless Claims Rise in Pre-Holiday Week Thursday, December 29, 11:51 AM ET
First-time filings for unemployment benefits rose in the week ending December 24.
The Labor Department said initial jobless claims rose by 15,000, to 381,000, after several weeks of declines in claims.
Nevertheless, the four-week moving average of jobless claims fell by nearly 6,000, to 375,000, still a multi-year low.
The dollar index was up for the day following the data, as the euro falls.
The U.S. Dollar Bullish Fund (AMEX:
UUP) is trading up over .1%, while the Euro Trust (AMEX: FXE) trades down about .2%, and the Japanese Yen Trust (AMEX: FXY) trades up .1%.
Gold is trading lower, leading the iShares Gold Trust (AMEX:
IAU) to trade down over 1.4%, and the SPDR Gold Shares (AMEX: GLD) to trade down over 1.4% as well.
The Gold Miners ETF (AMEX:
GDX) is trading down over .5% Thursday, with top holdings Barrick Gold (NYSE: ABX) and Goldcorp (NYSE: GG), which are both trading lower Thursday.
Overall, U.S. stocks are trending higher today, and the SPDR S&P 500 (AMEX:
SPY) is trading up around .4%.
For MarketNewsVideo.com, I'm Sayoko Murase.
Thursday Sector Leaders: Precious Metals, Computer Peripherals
Related symbols: PZG, RBY, ZAGG, FEYE
Thursday Sector Laggards: Rental, Leasing, & Royalty, Oil & Gas Refining & Marketing Stocks
Related symbols: NDRO, ECT, PBF, TSO
Wednesday Sector Leaders: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
Related symbols: WRES, SN, NDRO, VOC
Thursday's ETF with Unusual Volume: PICK
Related symbols: PICK, AA, FCX, MTL, WOR
Thursday's ETF Movers: GDXJ, BSCG
Related symbols: GBU.CA, PZG, HSBC, BAC, BSCG, GDXJ
SPY, DXJF: Big ETF Outflows
Related symbols: SPY, DXJF, AAPL, MSFT
Daily Dividend Report: AMGN, ZTS, WDR, IRC, SCHL, KYE
Related symbols: AMGN, ZTS, WDR, IRC, SCHL, KYE
Daily Dividend Report: MCO, ROP, EOG, GIS, EQR, O, MAS, UDR, DRI
Related symbols: MCO, ROP, EOG, GIS, EQR, O, MAS, UDR, DRI
Daily Dividend Report: CVS, MMM, BA, LLY, KRFT, FITB, IFF
Related symbols: CVS, MMM, BA, LLY, KRFT, FITB, IFF
Weekly Market Wrap: December 12, 2014
Related symbols: BAC, TLM, AAPL, GE, CME, WPC, PM, CAT, JPM, MON
Weekly Market Wrap: December 5, 2014
Related symbols: BAC, SIRI, AAPL, KMI, FB, DIS, VZ, MA, SPLS
Weekly Market Wrap: November 26, 2014
Related symbols: SDRL, KMI, AAPL, FB, ACE
Week Ahead Market Report: December 15, 2014
Related symbols: BAC, AAPL, SIRI, GE, DRI, FDX, CAG, BBRY
Week Ahead Market Report: December 8, 2014
Related symbols: BAC, AAPL, DRYS, HAL, BURL, MW, LULU, NQ
Week Ahead Market Report: December 1, 2014
Related symbols: AAPL, KMI, BAC, GE, BOBE, ARO, ANF, BKS, GCO
All videos » |
Stock market definitions »
Jobless Claims Rise in Pre-Holiday Week
| Market News Video | Copyright © 2008 - 2014, All Rights Reserved
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.