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: Communications Services, Agriculture & Farm Products
Related symbols: ETAK, CRCM, GRO, CRESY
Thursday Sector Laggards: Music & Electronics Stores, General Contractors & Builders
Related symbols: RSH, CONN, HXM, MHO
Wednesday Sector Leaders: Biotechnology, Rubber & Plastics
Related symbols: APRI, IMGN, CXDC, KRA
Thursday's ETF with Unusual Volume: PXE
Related symbols: PXE, SD, VLO, CRK
Thursday's ETF Movers: FCG, ITB
Related symbols: KWK, UPL, UFPI, MHO, ITB, FCG
RSX, EET: Big ETF Outflows
Related symbols: RSX, EET, MBT, YNDX
Daily Dividend Report: MS, PPG, DFS, SLB, GS
Related symbols: MS, PPG, DFS, SLB, GS
Daily Dividend Report: SHW, SWK, O, GT, SM, SPN
Related symbols: SHW, SWK, O, GT, SM, SPN
Daily Dividend Report: CSX, NTRS, FRC, NGLS, BTE
Related symbols: CSX, NTRS, FRC, NGLS, BTE
Weekly Market Wrap: April 17, 2014
Related symbols: SHW, MS, GS, CSX
Weekly Market Wrap: April 11, 2014
Related symbols: WY, F, LEN
Weekly Market Wrap: April 4, 2014
Related symbols: TJX, PNC, IR, LINE, LNCO
Week Ahead Market Report: April 14, 2014
Related symbols: SCHW, KO, BAC, GS
Week Ahead Market Report: April 7, 2014
Related symbols: AA, BBBY, STZ, RAD, FAST
Week Ahead Market Report: March 31, 2014
Related symbols: APOL, MON, MU, KMX
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.