Unemployment Claims Clim Higher, Mixed Bag on Wall Street - East Idaho News
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Unemployment Claims Clim Higher, Mixed Bag on Wall Street

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Thinkstock 073015 WallStreet?  SQUARESPACE CACHEVERSION=1438288899178JaysonPhotography/iStock/Thinkstock(NEW YORK) — A mixed day on Wall Street as unemployment claims jumped higher last week.

The Dow Jones Industrial Average dipped 5.41 to a close of 17745.98.

The Nasdaq ended the session at 5128.78, gaining 17.05 from its open, while the S&P 500 close up 0.06 to 2108.63.

SoulCycle is preparing to file for its initial public offering, according to documents filed with the Securities and Exchange Commission.

Unemployment claims jumped by 12,000 in the last week, though the four-week moving average is down 3,700, which analysts say indicates a healthy economy. The government also said that the U.S. economy grew at an annual rate of 2.3 percent from April to June.

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