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…

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