US stocks rallied after jobless claims fell to 215,000, beating forecasts. The Dow hit a record 52,900.07. Here is what the labor data means for markets.

Initial unemployment claims decreased last week, indicating a stable labor market. Job growth slowed in June, but economists see no major shift. Continuing claims rose, reflecting…

US stocks rallied after jobless claims fell to 215,000, beating forecasts. The Dow hit a record 52,900.07. Here is what the labor data means for markets.

US stocks mixed, Nasdaq up 0.46% as Dow drops 0.06%. Tech shares surge 1.4%, consumer staples fall 1.7%. Initial jobless claims down to 215,000.