• Thu 62°F / 41°F

Stocks Helped by Weekly Jobs Numbers

Comstock/Thinkstock(NEW YORK) -- The weekly jobs report, released Thursday, was encouraging, but it wasn't enough to keep investors in the mood to buy. The Dow lost 62 points, while the Nasdaq and the S&P gave up 36 points and 11 points, respectively.
 
The past few weekly jobless reports seemed to show a slowdown in hiring, but the most recent numbers suggest that may not be happening.  The number of first time unemployment claims filed last week hit a three-month low. That's an encouraging sign.  The April jobs numbers due out on Friday.
 
Copyright 2012 ABC News Radio

Advertise With Us

Would you like to advertise on East Idaho News? Fill out this form to contact a representative.
  • Full and Last
  • The name of your company, business or brand.