Stocks open mixed after flurry of economic reports

Stocks mixed amid welter of economic data

Stocks are narrowly mixed as reports showing a smaller rise in new claims for jobless benefits and strong consumer spending were offset by an unexpected decline in durable goods orders.

Futures point toward higher open after key reports on the consumer, jobs

Stock futures point to higher open after data

Futures point extend advance after key reports on the consumer, jobs

Stock futures extend gains after data

Stock futures are extending their gains as news of an improving job market and strong consumer spending provided reassurance that the economy is recovering.

Consumer spending logs stronger-than-expected rebound in Oct., good sign for recovery

Consumers log stronger-than-expected spending rise

Weekly claims for jobless benefits plunge to 466,000, lowest level in more than a year

Weekly jobless claims drop below 500,000

WASHINGTON — In a hopeful sign, the number of newly laid-off workers filing claims for unemployment benefits fell more than expected last week, dropping below 500,000 for the first time since January.

Futures point to higher opening ahead of key reports on the consumer, housing, jobs

Stock futures point to higher open

Stock futures pointed to a higher open Wednesday as investors prepared to examine fresh data on consumer spending and sentiment, new home sales and the job market a day after the Federal Reserve provided a more upbeat view of U.S. economic prospects.

Asian stocks mixed on concern about US recovery after growth downgrade, gloomy jobs report

Asian stocks mixed on concern about US recovery

Nervous consumers, rising joblessness weigh on recovery as economic growth slows

Wary consumers, rising unemployment snag recovery

Fed: record-low rates designed to keep economic recovery going could feed speculative bubble

Fed: super-low rates could fuel speculative bubble

Fed says recovery will be gradual with jobless rate dropping ’slowly’ over next few years

Fed says jobless rate to drop ’slowly’

WASHINGTON — The Federal Reserve expects the unfolding recovery will be gradual, as modest growth keeps the nation’s unemployment rate elevated over the next several years, according to a new forecast.

Reports on economic growth and consumer confidence signal modest rebound, with shoppers wary

Reports on GDP and consumers signal modest rebound

Consumer confidence rises slightly in November; shoppers remain gloomy heading into holidays

Consumer confidence improves slightly in November

Economy grows at 2.8 percent pace in 3rd quarter, rebound slower than first thought

President Barack Obama
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Movin’ up? Nope, young adults moving back in with mom and dad as job prospects dwindle

Goodbye jobs, hello mom and dad, say young adults

Economy’s return to growth last quarter probably less energetic than first thought

President Barack Obama

Oklahoma unemployment rate hits more than 20-year high, climbs to 7.1 percent in October

Oklahoma unemployment rate hits 21-year high

Former US House Speaker Newt Gingrich sets Cincinnati town hall on jobs, 1st of planned series

President Barack Obama

EU: Close to 45 percent of unemployed stay out of work for a year, far more than in US

EU: Nearly half of unemployed out of work a year

Stocks set to reverse 3-day losing streak; futures trading higher as dollar weakens

President Barack Obama
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Forecasters expect job losses to bottom out in 1Q 2010 but unemployment to remain high

Economic survey: Job losses to bottom out in 1Q

Businesses face rising unemployment insurance taxes as job market struggles to recover

Rising unemployment taxes could hinder hiring

Wall Street economists expect slight rise in unemployment claims; benefits run out Dec. 31

Ahead of the Bell: Jobless claims

WASHINGTON — First-time claims for unemployment benefits likely dipped last week, economists forecast, as the recovering economy reduces layoffs.

Stock futures little changed as dollar weakens, investors await housing, inflation data

Stock futures little changed ahead of opening

AP News in Brief


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