US stocks trade mixed after jobless claims fall below 1 million for first time since March
- US stocks traded mixed on Thursday after weekly unemployment claims dipped below 1 million for the first time since the coronavirus pandemic drove historic job loss.
- Claims for jobless benefits dropped to 963,000 for the week ended Saturday, according to the Labor Department. The reading handily beat economists’ 1.1 million estimate.
- Investors continued to wait for progress in stimulus bill negotiations. House Speaker Nancy Pelosi rebuffed White House criticism of Democra…