US stocks trade lower as latest jobless claims data points to cooling labor market

by LBM Daily Editor 0 Comments

Financial
Share on Facebook
Share on Twitter
Share on Pinterest
Share on LinkedIn

US stocks dropped Thursday, with major indexes stalling after a strong streak of gains. Weekly jobless claims came in at 231,000, higher than estimates of 220,000. On Wednesday, the producer price index came in cooler than expected. Something is loading. US stocks were slightly lower as markets opened on Thursday, as investors digested data from…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now
This article was originally published by Businessinsider.com. Read the original article here.
Share on Facebook
Share on Twitter
Share on Pinterest
Share on LinkedIn

Products You May Like

Articles You May Like

Lumber Company to lay off 80 at Butler County facility
Mortgage rates continue downward trend, remain above 7%
US stocks trade mixed as investors hit pause on November rally ahead of Fed comments
Building Products Housing Market Update
Rottne Industri to cut 24 jobs