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    Stock Market Today: Stocks Struggle as Rally Loses Steam

    by Karee Venema Dec 09, 2021 2 minutes

    Markets opened lower following three straight days of gains.

    Today's focus was the latest update on weekly jobless claims, which showed the number of initial applicants for unemployment benefits fell to 184,000 last week. Not only was this well below the 227,000 recorded the week prior, but it was the lowest amount since September 1969, according to the Labor Department.

    Investors also kept a cautious eye trained on omicron-related headlines.

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