US Jobless Claims Increase Just Before September Jobs Report

Reported 4 days ago

Initial unemployment claims for the week ending September 28 rose to 225,000, exceeding expectations and suggesting a potential slowdown in the economy. This comes as the market anticipates the September jobs report, with some analysts, like Goldman Sachs' Scott Rubner, maintaining a positive outlook for the S&P 500, forecasting a rally starting late October due to seasonal trends.

Source: YAHOO

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