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The Day Ahead: Thursday Begins on Negative Tone

Stock indexes were unable to hold onto their morning gains on Wednesday, ending the day down about 0.5%.To begin Thursday, that decline looks set to continue as the morning news is grim, and a Jobless Claims report failed to indicate any turnaround in the labor market. Just before 8am EST, Dow futures...

Posted to Fed and Economy Watch by Patrick McGee on Thu, May 21 2009
Filed under: Filed under: jobless claims, alan greenspan

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The Day Ahead: Thursday Begins on Negative Tone