Saturday, March 3, 2012

Stock futures lower after unemployment claims data

Wall Street is headed for a lower open even after the government said initial U.S. jobless claims fell unexpectedly last week.

The Labor Department said Thursday the number of new claims for unemployment benefits slipped by 24,000 last week to 467,000. Still, the number of people continuing to claim unemployment benefits jumped by 101,000 to 4.61 million, …

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