US Stocks Rise After News of Best Unemployment Report in 4 Months

US Stocks Rise After News of Best Unemployment Report in 4 Months

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help wanted ads photo by Kevin P via morguefileThe US stock markets rose more than 3 percent in late morning trading today after hearing the latest U.S. economic data on unemployment claims.

The government reported that weekly initial jobless claims fell to their lowest level in four months — the first time that number has dropped below 400,000 since April.

(READ the AP story hosted on Google)

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