Initial and continuing unemployment claims in US dip (SPY+0.2%). Nine million people forced to borrow more to cope. 900,000 Americans filed for first-time jobless benefits last week. Here is the current market situation from CNN Money European markets are higher today with shares in France leading the region. The CAC 40 is up 0.53% while Germany's DAX is up 0.32% and London's FTSE 100 is up 0.17%. What Is Moving the Markets Here are the headlines moving the markets. Can Shale Resist The Lure Of Another Output Surge? U.S. shale changed global oil markets. It shook the foundations of OPEC as the one single swing producer group. And last year, it crumbled under the weight of the pandemic that sent oil prices to all-time lows, including a short dip of WTI below zero. Now, shale is getting back on its feet, facing the temptation of production as prices rebound above $50. Wood Mackenzies Vice Chair for the Americas, Ed Crooks, called it a siren song in a recent analysis. The shale boom happened because producers were chasing constant growth. It was this chase