Thursday, August 5, 2010

Wall Street - Futures Dip on Weak Employment Picture - CNBC

Wall Street - Futures Dip on Weak Employment Picture - CNBC

Wall Street stock index futures pointed to a lower start on Thursday as after government data showed a larger-than-expected rise in weekly jobless claims.The Labor Department said new jobless claims rose 19,000 to 479,000, a good deal more than the 2,000 expected increase. Futures had been mostly flat before the jobs numbers came out but immediately turned negative after the release .

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