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.
Analyst Moves: BBRY, SWK, ETR
Related symbols: BBRY, SWK, ETR, C, UBS, DB
Analyst Moves: CVS, FRX, MMM
Related symbols: CVS, FRX, MMM, CAH, UBS
Analyst Moves: MCD, JCI, MTN
Related symbols: MCD, JCI, MTN, C
Wednesday Sector Leaders: Waste Management, Sporting Goods & Activities
Related symbols: SWSH, TRR, MGAM, SIX
Wednesday Sector Laggards: Vehicle Manufacturers, General Contractors & Builders
Related symbols: HY, TTM, TPH, MDC
Tuesday Sector Leaders: Precious Metals, Education & Training Services
Related symbols: TRX, ANV, CECO, LRN
EWC, SKK: Big ETF Outflows
Related symbols: EWC, SKK
EZU, FMK: Big ETF Inflows
Related symbols: EZU, FMK, RYAAY, BA, XOM
Wednesday's ETF with Unusual Volume: EUSA
Related symbols: EUSA, BAC, FB, SNI, LH
Daily Dividend Report: MA, NYMT, GLF, BGC, FBHS
Related symbols: MA, NYMT, GLF, BGC, FBHS
Daily Dividend Report: SPN, QCOR, AEO, MDLZ, BEN
Related symbols: SPN, QCOR, AEO, MDLZ, BEN
Daily Dividend Report: PM, DHR, GIS, ARE, PDCO
Related symbols: PM, DHR, GIS, ARE, PDCO
Weekly Market Wrap: December 6, 2013
Related symbols: YUM, JCP, KR, SHLD
Weekly Market Wrap: November 22, 2013
Related symbols: TGT, SHLD, FL, ANF
Weekly Market Wrap: November 15, 2013
Related symbols: MCD, WMT, KSS, M
Week Ahead Market Report: December 9, 2013
Related symbols: AZO, HRB, COST, MW, ADBE, VALU
Week Ahead Market Report: December 2, 2013
Related symbols: BMO, ARO, GES, ALCO, DMND, AEO
Week Ahead Market Report: November 25, 2013
Related symbols: ADI, EV, HRL, GLNG, RENN
All videos » |
Stock market definitions »
Jobless Claims Rise in Pre-Holiday Week
| Market News Video | Copyright © 2008 - 2013, 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.