Nonfarm payrolls increased by 4.8 million in June and the unemployment rate fell to 11.1% as the United States continued to reopen the coronavirus pandemic, the Labor Department said Thursday. Economists surveyed by Dow Jones had expected an increase of 2.9 million and an unemployment rate of 12.4%. The report …
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Although the Dow Jones Industrial Average lagged behind with a modest loss on Wednesday, all three major indices are on track for sizable weekly gains. The S&P 500, Dow and Nasdaq Composite are up 3.5%, 2.8% and 4%, respectively, since Friday’s close. US markets will be closed on Friday for …
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Shares in the Asia Pacific rose during Thursday’s trading session, following positive news overnight about the development of a possible coronavirus vaccine. The Hong Kong Hang Seng Index led gains among the region’s major markets, rising 2.25%, from its last hour of trading. Shares of Chinese internet giant Tencent soared …
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Stock futures fell slightly in trading overnight on Tuesday as the market will start a new quarter after a notable comeback. Dow Jones Industrial Average futures traded about 55 points below. S&P 500 futures and Nasdaq 100 futures fell 0.2% and 0.1%, respectively. Trading volumes were low. The market has …
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A stylist in a protective mask cuts a client’s hair at a barber shop in Atlanta, Georgia, Monday, April 27, 2020. Dustin Chambers | Bloomberg via Getty Images A federal face mask mandate would not only reduce the daily growth rate of new confirmed cases of Covid-19, but could also …
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