Stock Market Today: Stocks Scratch Out Meager Gains
by Kyle Woodley
Apr 07, 2022
2 minutes
Wall Street seemed to be en route to another day of losses, but a strong jobless-claims report helped stocks gain some momentum ahead of the week's final session.
The Labor Department on Thursday said that for the week ended April 2, just 166,000 Americans filed for unemployment benefits – the lowest number since November 1968 (though also what they were for the week ended March 19). It also easily flew in lower than the 200,000 claims expected.
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