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.
Friday Sector Leaders: Medical Instruments & Supplies, Metals Fabrication & Products
Related symbols: IVC, MMSI, APT, TREX
Friday Sector Laggards: Education & Training Services, Shipping Stocks
Related symbols: EDMC, ESI, DRYS, SB
Thursday Sector Leaders: Auto Dealerships, Paper & Forest Products
Related symbols: GPI, KMX, UFS, VRS
Friday's ETF with Unusual Volume: BBH
Related symbols: BBH, GILD, CELG, BMRN, NPSP
Friday's ETF Movers: ILF, GDXJ
Related symbols: PBR.A, SID, GBU.CA, TRX, GDXJ, ILF
XLV, HDG: Big ETF Outflows
Related symbols: XLV, HDG, JNJ, PFE, FLWS, XXII
Daily Dividend Report: PFE, BAC, SCHW, MCO, ALTR, JNPR, AJG, POM
Related symbols: PFE, BAC, SCHW, MCO, ALTR, JNPR, AJG, POM
Daily Dividend Report: CMCSA, DD, TWC, AAL, VLO
Related symbols: CMCSA, DD, TWC, AAL, VLO
Daily Dividend Report: V, ENB, STX, PH, C
Related symbols: V, ENB, STX, PH, C
Weekly Market Wrap: October 24, 2014
Related symbols: DRYS, F, MSFT, AAPL, TWC, V, TROW, MCK, MCK
Weekly Market Wrap: October 17, 2014
Related symbols: AMD, BAC, AAPL, GE, JNJ, PAYX, CCL, SWK
Weekly Market Wrap: October 10, 2014
Related symbols: BAC, MU, INTC, GTAT, CAT, WAG, F, KRFT, ALG
Week Ahead Market Report: October 20, 2014
Related symbols: BAC, AAPL, PFE, AOS, KMB, ABT, DOW, GM, MMM, AAL, DPS, LLY, LO, B, CL, PG, UPS
About The Week Ahead Market Report
Week Ahead Market Report: October 13, 2014
Related symbols: BAC, CSX, AAPL, FB, SIRI, C, JPM, INTC, AXP, EBAY, NFLX, AMD, BHI, COF, BK, GE, MS
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.