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The data can be volatile, but economists see healing in the labor market.
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U.S. stocks trade modestly higher as investors dig through a heavy round of corporate earnings reports and the latest weekly data on jobless claims.
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Find out how strong earnings lifted these companies on a quiet market day.
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AQR among the big names on the rebound as new phase of pandemic shakes up asset markets
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The global tally of confirmed cases of the coronavirus-borne illness COVID-19 has climbed above 144 million, as India remained the world's hotspot with daily cases rising to a world record of nearly 315,000, and as new cases in the U.S. climbed back above 60,000.
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Stocks got back on the horse on Wednesday, with both the Dow and S&P 500 indexes finishing at their second-highest levels ever, as investors continue to smile on strong economic growth prospects.
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The global tally for the coronavirus-borne illness rose to 143.96 million on Thursday, as the death toll increased to 3,061,478, according to data aggregated by Johns Hopkins University. The U.S. continues to lead the world in cases and deaths by wide margins, with 31.86 million cases, or 22.1% of the global total, and 569,404 deaths, or 18.6% of the worldwide total. The U.S. added at least 62,956 cases on Wednesday, down from 64,530 on Tuesday, while new deaths slipped to at least 720 from 729, according to a New York Times Tracker. But the U.S. also leads the world in vaccines administered, at 215.95 million. At least 134.45 million people, or 40.5% of the total population, have received at least one dose as of Wednesday evening, according to data provided by the Centers for Disease Control and Prevention, and 87.59 million people, or 26.4% of the total population, have been fully vaccinated.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Worker filings for jobless claims reached another Covid-19 low at 547,000 last week, the Labor Department said, a sign the labor market is strengthening.
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The market traded roughly flat today as it struggled to find a direction. Make the most of it with today's top buys from Q.ai's deep learning algorithms.
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Xi says China will phase down coal consumption
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AT&T Inc. topped expectations with its first-quarter earnings and revenue Thursday morning as the company benefited from a greater demand for higher-priced smartphones and saw some recovery in its WarnerMedia business from the impacts of the pandemic.
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Existing-home sales declined in March, reflecting the challenges buyers continue to face in the competitive real-estate market. Existing home-sales fell 3.7% to a seasonally-adjusted, annual rate of 6.01 million in March, the National Association of Realtors reported. Compared with a year ago, home sales were up more than 12%. Home prices hit a high of $329,100, reflecting a record pace of price growth at 17.2% from last year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Want to help get more people vaccinated against COVID? Ask them about their investment portfolio.
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So how exactly do you explain what's now estimated to be 5 billion francs ($5.5 billion) in charges from letting a client build up a massively leveraged position that ultimately couldn't be repaid?
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Valneva's Phase 3 trial will compare the immune response generated by its vaccine with that of the vaccine developed jointly by AstraZeneca and the University of Oxford
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Properties were on the market for only 18 days on average, a record low.
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The market remained lower after a better-than-expected reading on weekly jobless claims.
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AT&T (T) Q1 Earnings Beat on Wireless Strength, HBO Max Traction Yahoo FinanceAT&T Stock Climbed After It Reported Earnings. Here Are the Numbers to Know. Barron'sAT&T CEO John Stankey on Q1 earnings, maintaining the dividend CNBC TelevisionAT&T earnings, revenue rise as company sees some recovery from COVID-19 MarketWatch
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President Biden on Thursday will pledge to cut U.S. greenhouse gas emissions at least in half by the end of the decade, the White House said, an ambitious goal that climate analysts say can be met only by sharply cutting back oil, gas and coal use.
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Canadian chip developer Alphawave IP said on Thursday that it is considering plans for an initial public offering on the London Stock Exchange, in an unusual example of a North American company crossing the Atlantic to float.
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President Joe Biden on Wednesday urges all employers to give their workers paid time off to get their COVID-19 vaccine shots, while also saying his administration has achieved its goal of administering 200 million doses in his first 100 days in office.
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Wall Street suffered back-to-back losses as reopening plays led the market lower amid renewed concerns about rising new Covid cases globally.
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