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Dow Jones Holds Steady on Optimistic Initial Jobless Claims

Dow Jones Holds Steady on Optimistic Initial Jobless Claims

The Dow Jones (DJIA) is set to open Thursday’s shortened trading session flat after applications for initial unemployment benefits came in lower than expected.

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Initial jobless claims for the week ended December 20 were 214,000, less than the consensus estimate of 224,000 and falling from 224,000 during the prior week.

*This is a developing story. Stay tuned for additional updates*

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