Nothing To Do, Nowhere To Go 0
The wrong things go up, the wrong things go down:
“It’s still a horrible number. It’s just not as horrible as what people were looking for. Do you really view that as good news? Apparently the stock market does,” said Mary Ann Hurley, vice president of fixed-income trading at D.A. Davidson & Co in Seattle.
A separate report from the Labor Department showed initial claims for state unemployment benefits rose 37,000 to a seasonally adjusted 464,000 last week, more than erasing a decline in the prior week.
