Bull market – One America News Network

NEW YORK, NEW YORK - JUNE 07: A "Now Hiring" sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. A jobs report for the month of May released by Labor Department showed that the U.S. added employers added 272,000 nonagricultural jobs and also reported that the unemployment rate rose to 4 percent for the first time in more than two years. (Photo by Michael M. Santiago/Getty Images)

Unemployment Claims Increase To Highest Level Since September 2023

A new report has revealed that the number of jobless claims has reached the highest in 10 months.

NEW YORK - SEPTEMBER 16: A Wall St. sign next to the New York Stock Exchange (NYSE) September 16, 2008 in New York City. U.S. stocks continued to drop Tuesday morning for the second consecutive day, following yesterday's Dow Jones Industrial Average plunge of 4.4% or 504 points, being the worst single day loss since the terrorist attacks of September 2001. Today the Federal Reserve is scheduled to announce the target interest rates for the federal funds. It's not clear how the central bank will respond to recent turmoil in the world's financial markets. This comes after news of Merrill Lynch & Co. Inc selling itself to Bank of America Corp, the financial firm Lehman Brothers Holdings Inc. filing for Chapter 11 bankruptcy protection, and insurance giant American International Group Inc. (AIG) attempting to raise capital to stay afloat. (Photo by Spencer Platt/Getty Images)

Dow Eclipses 40,000 For First Time Ever In The Stock Market

The Dow Jones Industrial Average hit the 40,000 point threshold for the first time ever on Thursday as investors on Wall Street were feeling timid over the idea of interest rate cuts.

A Christmas tree is seen outside of the New York Stock Exchange (NYSE) in New York City, U.S., December 15, 2023. REUTERS/Brendan McDermid/File Photo

Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally

U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.