📈 Stock Market News: Unemployment Claims higher AGAIN as we wrap up the month and quarter today
Here's what is happening in the markets today, Thursday, September 30th
Here's what is happening in the markets today, Thursday, September 30th:
- Stocks for the most part were slightly higher yesterday. The S&P snapped a 2-day losing streak closing higher by 0.2% after its worst losing day since May.
- Worst week since Feb but the S&P is up for the quarter and on track for its 6th positive quarter in a row.
- Today futures are pointing to a slightly higher start.
- Jobless Claims at 362,000 higher than 335,000 expected. 3rd rising week in a row.
- Majority Leader Chuck Schumer said late Wednesday that the Senate has reached a deal to avoid a government shutdown. But the deal won't include raising the debt ceiling or a debt ceiling suspension, the deadline for that is Oct 18th.
- Bed Bath & Beyond (BBY) is getting hammering pre-market down more than 18% after reporting steep drop in traffic in August.
- CarMax (KMX) is breaking down pre-market after reporting worse than expected earnings.
- Lordstown Motors (RIDE) is going a ride pre-market up 7.0% after reports that the company is close to a deal to sell its Ohio factory to Foxconn Technology Group.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.
- Worst week since Feb but the S&P is up for the quarter and on track for its 6th positive quarter in a row.
- Today futures are pointing to a slightly higher start.
- Jobless Claims at 362,000 higher than 335,000 expected. 3rd rising week in a row.
- Majority Leader Chuck Schumer said late Wednesday that the Senate has reached a deal to avoid a government shutdown. But the deal won't include raising the debt ceiling or a debt ceiling suspension, the deadline for that is Oct 18th.
- Bed Bath & Beyond (BBY) is getting hammering pre-market down more than 18% after reporting steep drop in traffic in August.
- CarMax (KMX) is breaking down pre-market after reporting worse than expected earnings.
- Lordstown Motors (RIDE) is going a ride pre-market up 7.0% after reports that the company is close to a deal to sell its Ohio factory to Foxconn Technology Group.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
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