"Rise in US Jobless Claims Sparks Concerns Despite Low Layoff Levels"
TL;DR Summary
U.S. initial jobless claims rose by 25,000 to 214,000 in the latest week, signaling a pickup in jobless claims despite a 3.3% GDP growth. Stocks opened higher as investors digested the strong GDP report and other economic data.
- U.S. initial jobless claims up 25,000 to 214,000 in latest week MarketWatch
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- Jobless Claims Signal Labor Market Holding Up in January The Wall Street Journal
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- Gold prices see some bullish momentum following sharp rise in weekly jobless claims Kitco NEWS
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