The Latest Breaking News from Unemployment

At a time of surging inflation, high unemployment and dwindling savings, the scarcity of cash has magnified the financial squeeze on families, some of whom have begun to sell their possessions to buy essential goods.

U.S. applications for unemployment benefits fell last week, remaining in the historically healthy range of the past couple years

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.99%. September E-mini S&P futures (ESU25 ) rose +0.77%, and September E-mini Nasdaq futures...

The positive figures conceal underlying weaknesses

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more 1% on Thursday.

The FTSE 100 index closed up 48.51 points at 8,823.20.

The dollar index (DXY00 ) today is up +0.36%. The dollar is higher after the stronger-than-expected US payroll report of +147,000 suggested continued strength in the US economy. The dollar is also seeing support from improved interest rate differentials, with the 10-year T-note moving higher by +5 bp. The dollar...

U.S. stocks traded higher this morning, with the Dow Jones index gaining more than 200 points on Thursday.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.65%. September E-mini S&P futures (ESU25 ) are up +0.46%, and September E-mini Nasdaq futures...