Stock market rallies, unemployment claims record set

On a day when jobless claims smashed a record and U.S. deaths surged past 1,100  as the coronavirus tightened its grip on America, the p...

On a day when jobless claims smashed a record and U.S. deaths surged past 1,100 as the coronavirus tightened its grip on America, the prospect of a stimulus package soon becoming reality helped propel a third consecutive stock market rally Thursday.

The Labor Department, in announcing the unemployment claims numbers for last week, said what Americans already knew – that layoffs hit the hospitality and food service industries particularly hard. Other industries that struggled included health care and social assistance, arts, entertainment and recreation, transportation and warehousing, and manufacturing industries, Labor said.

Congress was trying to supply a ray of hope. The House is scheduled to take up a Senate-passed, $2 trillion emergency aid proposal Friday. Swift passage was expected – after an initial hangup, the package flew through the Senate on Wednesday night by a vote of 96-0. President Donald Trump has expressed a willingness to sign the measure. 

Source link

COMMENTS

Name

Africa,799,Americas,4076,Art & Culture,14689,Arts,6433,Arts & Design,1614,Asia,3213,Automobile,454,Baseball,586,Basketball,476,Books,3825,Business,5268,Celebrity,2633,Cricket,648,Crime,158,Cryptocurrency,1487,Dance,647,Defense,836,Diplomatic Relations,2496,Economy,1100,Editorial,260,Education,1198,Elections,308,Energy & Environment,3059,Entertainment,22515,Environment,3565,Europe,4161,Faith & Religion,235,Family & Life,817,Fashion & Style,3189,Finance,19669,Food & Drink,3678,Football,1103,Games,97,Gossip,10289,Health & Fitness,4018,Health Care,930,Hockey,219,Home & Garden,920,Humour,994,Latin America,49,Lifestyle,16820,Media,527,Middle East,1477,Movies,1662,Music,2585,Opinion,2920,Other,11734,Other Sports,4971,Political News,11324,Political Protests,2324,Politics,17579,Real Estate,1789,Relationship,106,Retail,3116,Science,2571,Science & Tech,9842,Soccer,213,Space & Cosmos,334,Sports,12002,Technology,3372,Tennis,541,Theater,1640,Transportation,313,Travel,2521,TV,3627,US,58,US Sports,1481,Video News,3531,War & Conflict,1069,Weird News,998,World,16181,
ltr
item
Newsrust - US Top News: Stock market rallies, unemployment claims record set
Stock market rallies, unemployment claims record set
https://www.gannett-cdn.com/presto/2020/03/26/USAT/8d9a1c39-0cdb-42be-89aa-7a5669b1a8a5-GTY_1208283534.JPG
https://i.ytimg.com/vi/tmCjJsVCPlI/default.jpg
Newsrust - US Top News
https://www.newsrust.com/2020/03/stock-market-rallies-unemployment.html
https://www.newsrust.com/
https://www.newsrust.com/
https://www.newsrust.com/2020/03/stock-market-rallies-unemployment.html
true
732247599994189300
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content