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-0.000596718050721057 0 -0.00268523122824476 0.0154162108403779 0.0293386374937841 0.0333167578319244 0.0419691695673793 0.0431626056688214
Stock impact report

US STOCKS-Wall St set for higher open as weekly jobless claims fall [Reuters]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Reuters
Wall Street set for higher open as weekly jobless claims fall (Reuters) - Wall Street headed for a higher open on Thursday as jobless claims declined for the third straight week, raising hopes that the worst of the coronavirus pandemic’s impact on the labor market might be over. Data on Thursday showed 4.43 million Americans filed for unemployment benefits in the week to April 18, down from a revised 5.24 million in the previous week. But the latest number was still staggeringly high and took the total in the past five weeks to a record 26 million as state-wide shutdowns to contain the coronavirus sparked production halts and mass staff furloughs. “While markets are going to take this drop as being very positive, it is not a victory flag that recession is going to be avoided,” said Steven Blitz, chief U.S. economist at TS Lombard in New York. “The market is trying to say that this contraction due to the coronavirus is not a true recession, its effect is broad but limited to industries Show less Read more
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