Jobless Claims Figures Come in Higher – Market Update

Quicken Loans Market Update - Quicken Loans Zing Blog Bonds are down slightly this morning ahead of the first Treasury auction of the new year for $13 billion of 30-year bonds. In terms of economic releases today, the weekly jobless claims figures were forecasted to come in lower at 365,000 from 372,000, however, they actually came in higher at 371,000.

What’s up on Wall Street?
The Dow Jones Industrial Average gained 47.35 points (+0.35%) while the Nasdaq also went up 11.52 points (+0.37%). Likewise, S&P 500 increased 6.66 points (+0.46%).

Current Mortgage Rates
Here are some of today’s mortgage rates:

Visit our mortgage rates page to find out how much you can save with today’s rates, or use our mortgage calculator to find more rates and loan options.

Financial Links
Here are a few links to some of today’s financial articles. Be sure to leave a comment below if you know of any additional financial articles that are trending today.

CNNMoney
Stocks get early boost from China data

Reuters
Jobless claims rise, but jobs market recovery intact

The New York Times
U.S. consumer watchdog to issue mortgage rules

 

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One Response to Jobless Claims Figures Come in Higher – Market Update

  1. Gus Dahleh January 11, 2013 at 11:26 am #

    Hopefully we will see the market turn around this year. Big things coming for the housing market as well. It is never good to see the unemployment rate so high though.

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