US Initial Jobless Claims Rise by 1,000 to 199,000
The Labor Department said initial claims rose by 1,000 to 199,000. The prior week was revised up to 198,000 from 197,000, and the four-week average increased by 250 to 198,500.
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The Labor Department said initial claims rose by 1,000 to 199,000. The prior week was revised up to 198,000 from 197,000, and the four-week average increased by 250 to 198,500.
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The Nasdaq composite fell 1.3% in a mixed session as AI-related shares slid after reports of lower-than-expected OpenAI revenue. Oil prices rose after President Donald Trump's remarks on the Middle East war, while Federal Reserve Gov. Christopher Waller said additional rate hikes may be needed.
Bitcoin moved down to around $81,500 in afternoon trade as major U.S. stock indexes stayed lower and Treasury yields eased. The move came alongside broader risk-off action tied to oil, Fed comments and tech-sector weakness.
Bitcoin fell to around $81,500 in afternoon trade as broader markets reacted to higher oil prices and hawkish Federal Reserve comments.
U.S. stocks traded lower midway through trading, with the Dow Jones index falling around 350 points on Thursday. The Dow traded down 0.70% to 51,153.35 while the NASDAQ dipped 0.70% to 26,746.39. The S&P 500 also fell, dropping, 0.46% to 7,670.50. Leading and Lagging Sectors Energy shares jumped by 1.7% on Thursday. In
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 250 points on Thursday. Following the market opening Thursday, the Dow traded up 0.47% to 52,553.59 while the NASDAQ rose 0.32% to 26,124.28. The S&P 500 also rose, gaining, 0.41% to 7,513.76. Leading and Lagging Sectors Consumer staples shar