Stocks had a mixed tone early on but then took a turn lower after a surprisingly high 252,000 figure for weekly initial jobless claims. That was the biggest since 2017, but one data point doesn't represent a trend. Inflation data also looked soft.
Stocks had a mixed tone early on but then took a turn lower after a surprisingly high 252,000 figure for weekly initial jobless claims. That was the biggest since 2017, but one data point doesn't represent a trend. Inflation data also looked soft.