Market Report - US Close

US close: Stocks surge as jobless claims data eases macro fears

By Benjamin Chiou

Date: Thursday 08 Aug 2024

(Sharecast News) - US stocks bounced back strongly on Thursday as better-than-expected data from the labour market eased investors' concerns about an impending recession.
Nevertheless, markets still remains well below levels seen last week following the dramatic three-day sell-off between last Thursday and Monday that saw more than 2,000 points (-5.2%)...

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