FT Alphaville does a good job of showing the futility of headlines by tossing up a few in Random Reasons to be Bearish.
The technicians are all looking at 1040 on the S&P 500 Index as a major support level; it closed at 1041.24 today.
Weekly Initial Unemployment Claims Decrease to 210,000
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The DOL reported:
In the week ending March 23, the advance figure for *seasonally adjusted
initial claims was 210,000*, a decrease of 2,000 from the previo...
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