Stock Market Today: Mega-Cap Tech Keeps Its Foot on the Pedal
Aug 20, 2020
2 minutes
The various broad-market indices all jumped Thursday despite little on the macroeconomic front to justify it.
The Labor Department reported 1.1 million initial unemployment claims for last week – a figure worse than expected and a sharp disappointment after the previous week's dip below 1 million filings.
"The incoming initial claims number was weaker than our expectations and
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