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 Laggards: Precious Metals, Construction Stocks
Related symbols: AUY, HBM, GVA, MTZ
Friday Sector Leaders: Aerospace & Defense, Shipping Stocks
Related symbols: LMIA, BA, CAI, GSL
Thursday Sector Laggards: Specialty Retail, Education & Training Services
Related symbols: BBW, VSI, STRA, CECO
Friday's ETF with Unusual Volume: VONG
Related symbols: VONG, GRPN, FCX, ANET, NUS
Friday's ETF Movers: KXI, GDX
Related symbols: KHC, CL, AUY, HMY, GDX, KXI
ITR, DXJH: Big ETF Outflows
Related symbols: ITR, DXJH
Daily Dividend Report: MPW, NHI, XRAY, XL, ABT, NKE, FDX
Related symbols: MPW, NHI, XRAY, XL, ABT, NKE, FDX
Daily Dividend Report: KO, CSCO, SHW, KHC, OXY, PCG, SWK
Related symbols: KO, CSCO, SHW, KHC, OXY, PCG, SWK
Daily Dividend Report: ADI, GPI, CPG, ZTS, CMI
Related symbols: ADI, GPI, CPG, ZTS, CMI
Weekly Market Wrap: August 14, 2015
Related symbols: BAC, AMAT, AAPL, S, SYY
Weekly Market Wrap: August 7, 2015
Related symbols: SUNE, BAC, CHK, GRPN, AAPL
Weekly Market Wrap: July 31, 2015
Related symbols: BAC, MU, AAPL, SUNE, FB
Week Ahead Market Report: June 8, 2015
Related symbols: BAC, FTR, AAPL, INTC, MNKD
Week Ahead Market Report: May 18, 2015
Related symbols: BAC, AAPL, VALE, T
Week Ahead Market Report: May 4, 2015
Related symbols: BAC, AAPL, MSFT, ICLD, NOK
All videos » |
Stock market definitions »
Jobless Claims Rise in Pre-Holiday Week
| Market News Video | Copyright © 2008 - 2017, 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.