Weekly jobless claims lower than expected after U.S. recession fears


Weekly jobless claims lower than expected after U.S. recession fears – CBS News


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Weekly jobless claims came in lower than expected on Thursday, giving the stock market a major boost. Both the Dow and Nasdaq saw big gains, and the S&P 500 had its best day since 2022. CBS News business analyst Jill Schlesinger explains what to expect after fears of a recession earlier this week.

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