Stocks trade in narrow range at open after jobless claims dip, housing starts riseSeptember 17th, 2009 Stocks mixed as trading opensNEW YORK — Stocks are narrowly mixed in early trading amid reports that showed weekly jobless claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated. Major indexes have steadily risen throughout the week on signs the economy is recovering and exiting a long-running recession.
Stocks seesaw after weekly unemployment claims fall, housing starts riseSeptember 17th, 2009 Stocks trade mixed as weekly jobless claims dipNEW YORK — Stocks traded mixed Thursday after the government said weekly unemployment claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated. The gains follow a strong run for stocks.
Housing starts rise, but key single-family sector cools; new jobless claims drop modestlySeptember 17th, 2009 Housing and jobless data signal a fragile recoveryWASHINGTON — Adding to evidence the recession has ended, housing construction rose in August and fewer laid-off workers sought jobless aid last week. Still, the reports suggested a slow and fragile economic recovery.
Stock futures point to mixed open ahead of reports on unemployment, housing startsSeptember 17th, 2009 Stock futures narrowly mixed ahead of openNEW YORK — Stock futures traded in a narrow range Thursday amid reports that showed weekly jobless claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated. Major indexes have steadily risen throughout the week on signs the economy is recovering and exiting a long-running recession.
Stocks edge higher after weekly unemployment claims fall, housing starts riseSeptember 17th, 2009 Stocks edge higher as weekly jobless claims dipNEW YORK — Stocks are higher following an unexpected drop in weekly unemployment claims and an increase in housing starts. The government says workers filing for jobless claims for the first time dipped to 545,000 last week from 557,000 the prior week.
Stocks turn mixed after weekly unemployment claims fall, housing starts riseSeptember 17th, 2009 Stocks zigzag after rally as jobless claims dipNEW YORK — Stocks seesawed in a narrow range Thursday after the government said weekly unemployment claims dipped unexpectedly and that housing starts rose again last month. The Labor Department said workers filing for jobless claims for the first time dipped to 545,000 last week from an upwardly revised 557,000 the previous week.
Stocks trade in narrow range after jobless claims dip, housing starts riseSeptember 17th, 2009 Stocks zigzag as jobless claims dipNEW YORK — Stocks zigzagged in tight range early Thursday after the government said weekly jobless claims dipped unexpectedly and housing starts grew at a slightly slower pace than anticipated. Major indexes have risen this week on signs the economy is recovering and exiting a long-running recession.
Summary Box: Unemployment rate jumps to 26-year high, though job cuts slowSeptember 4th, 2009 Summary Box: Unemployment reaches 26-year highTHE BAD NEWS: The jobless rate jumped to 9.7 percent in August, the Labor Department said Friday, from 9.4 percent in July. That's the highest rate since June 1983.
Summary Box: New jobless claims dip less than expected, weak labor market may hinder recoverySeptember 3rd, 2009 Summary Box: Jobless claims dip less than expectedJOBLESS CLAIMS ELEVATED: The Labor Department said the number of laid-off workers applying for benefits dipped to 570,000 from an upwardly revised 574,000 the previous week. The number of Americans continuing to receive benefits rose unexpectedly to 6.23 million.
Summary Box: Plunge in GDP slows in spring while jobless claims dip slightly last weekAugust 27th, 2009 Summary Box: Economists encouraged by GDP activityECONOMY SHRINKS: The gross domestic product, the total output of goods and services, dropped at an annual rate of 1 percent in the April-June quarter. The number of newly laid-off workers filing for unemployment benefits dropped slightly to 570,000 last week.
Summary Box: Weak job market could dampen consumer spending and hamper recoveryAugust 21st, 2009 Summary Box: Jobless claims bad sign for recoveryWHAT HAPPENED?: New jobless claims rose for the second straight week, disappointing analysts who were expecting a drop. At the same time, an index of leading economic indicators and a regional manufacturing index rose, providing more evidence that the economy may be recovering.
Summary Box: Sharp drop in wholesale prices adds to evidence of no inflation threatAugust 19th, 2009 Summary Box: Wholesale prices signal low inflationWHAT HAPPENED?: Wholesale inflation dropped 0.9 percent in July, reflecting big declines in energy and food costs. Construction of single-family homes rose for a fifth straight month, though overall housing construction fell 1 percent because of weakness in apartment building.
Summary Box: Retail sales drop unexpectedly as consumers keep wallets closedAugust 13th, 2009 Summary Box: Unexpected drop in retail salesWHAT HAPPENED?: Retail sales fell unexpectedly in July, while first-time claims for jobless benefits rose slightly last week. The reports raised concerns about the ability of consumers to fuel a broad economic recovery.
Summary Box: Jobless claims drop in positive sign for economyAugust 6th, 2009 Summary Box: Jobless claims drop as layoffs slowWHAT HAPPENED: The government said Thursday that initial jobless claims fell to 550,000 last week from 588,000 the previous week. While still high, new claims have dropped by about 50,000 in the past month.
Summary Box: Jobless claims dip, but unemployment rate expected to keep risingJune 4th, 2009 Summary Box: Jobless claims dip, but work scarceJOBLESS CLAIMS EASE: The number of newly laid-off workers filing initial claims for unemployment insurance fell Thursday, and so did the total number of people on the jobless benefit rolls. JOBS STILL SCARCE: Still, the drops were small and there is little indication companies are hiring.
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