Stock Market Today: S&P Surges to Fourth Gain in a Row
by Kyle Woodley
Jul 07, 2022
2 minutes
The S&P 500 matched its longest winning streak of the year Thursday as data continued to suggest that the Federal Reserve just might have some breathing room soon.
The Department of Labor reported that 234,000 Americans applied for unemployment benefits during the week ending July 2 – 4,000 more claims than the previous week, and the highest such level in nearly six months.
"It's never a good thing to see layoffs, but the pressure on wages may have now peaked," says Jamie Cox, managing
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