Business
Jobless claims data suggests labor market strength
WASHINGTON - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by Washington.
Recent Business News
Ally to pay $2.1 billion to settle ResCap litigation
- Ally Financial Inc agreed to pay $2.1 billion to Residential Capital LLC to settle claims that it stripped the bankrupt mortgage subsidiary of choice assets.
Former Chrysler, Fisker CEO launches venture fund with Penske
DETROIT - Tom LaSorda, the former chief executive of Chrysler Group LLC and Fisker Automotive, is launching a venture capital fund with racing magnate Roger Penske to invest in technology startups.
U.S., Chinese factories struggle, Fed hints at less stimulus
LONDON/NEW YORK - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest clip since October, suggesting it may take a while before the global economy starts to pick up steam.
Forest Labs' longtime CEO Solomon to step down at year-end
- Forest Laboratories Inc said Howard Solomon, its chief executive of more than 35 years, will retire at the end of this year, capping a tenure that saw the company morph from a small generic and vitamins maker to a $10 billion corporation.
Markets
- U.S.
- Europe
- Asia
- Sectors
| DOW | 15,301.57 |  -5.60 |
-0.04% |
| S&P 500 | 1,649.74 | -5.61 |
-0.34% |
| NASDAQ | 3,457.17 | -6.13 |
-0.18% |
| TR US Index | 149.47 | -0.57 |
-0.38% |
Sector Summary
| Energy | -0.73% |
| Basic Materials | -1.78% |
| Industrials | -1.70% |
| Cyclical Goods & Services | -1.66% |
| Non-Cyclical Goods & Services | -1.08% |
| Financials | -1.99% |
| Healthcare | -0.70% |
| Technology | -0.44% |
| Telecoms | -1.05% |
| Utilities | -1.81% |
Trending Tickers
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