Thursday, 4 June 2020 20:50 WIB
U.S. stocks opened lower on Thursday as a rally fueled by hopes of an economic rebound from a coronavirus-led downturn ran out of steam even with weekly jobless claims dipping below 2 million for the first time since mid-March.
The Dow Jones Industrial Average fell 43.40 points, or 0.17%, at the open to 26,226.49. The S&P 500 opened lower by 11.31 points, or 0.36%, at 3,111.56. The Nasdaq...
Thursday, 4 June 2020 19:42 WIB
As business reopenings picked up nationwide, Americans filed nearly 2 million applications for unemployment benefits last week, reflecting a slowing -- though far from a halt -- in job losses.
Initial jobless claims for regular state programs totaled 1.88 million in the week ended May 30, Labor Department figures showed Thursday, down from 2.13 million the prior week. It was the first...
Thursday, 4 June 2020 19:19 WIB
Gold prices rose on Thursday as investors awaited policy actions by the European Central Bank which could influence gold trade.
The ECB is expected to expand its â‚¬750 billion Pandemic Emergency Purchase Program by â‚¬500 billion after ECB President Christine Lagarde downgraded the central bank™s eurozone gross domestic product estimate to a drop between 8% and 12% this year.