US weekly jobless claims decline, first-quarter GDP revised higher
Initial claims for state unemployment benefits dropped 26,000 to a seasonally adjusted 239,000 for the week ended June 25, the Labor Department said
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Initial claims for state unemployment benefits dropped 26,000 to a seasonally adjusted 239,000 for the week ended June 25, the Labor Department said
As of 1:55 PM, Sensex is trading with marginal losses at 60,793 points, down 64 points or 0.11%, while Nifty is trading flat at 18,081 points and Nifty Bank is up nearly 300 points or 0.66% to trade near the 42,600 mark.
KUALA LUMPUR: The ringgit retreated from yesterday’s gains and opened easier against the US dollar amid mixed reactions over US job data, influencing appetite for the dollar, said a dealer.
Investors are on wait-and-watch mode for the RBI's monetary policy. Also, corporate earnings season will commence with TCS Q2 results.
Read more about Global stocks nearly grasp all-time record, dollar drops after US jobs data on Business Standard. A stronger-than-expected jobs report would have heightened worries that the Fed might contemplate paring back its bond-buying program and raising interest rates