• Jobs, housing data show economy has some muscle

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to resilience in the labor market despite belt-tightening by Washington. The12:52 PM ET | Reuters

  • EU wants big companies to reveal national tax bills

    BRUSSELS (Reuters) - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could8:44 AM ET | Reuters

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[BRIEFING.COM] The major averages hover near their recent levels with the S&P 500 leading to the downside (-0.6%). The Dow and Nasdaq trade ahead of the benchmark average, but the two indices have returned into the red after making a brief appearance in positive territory.

Cyclical sectors continue to pressure the broader market with financials down 1.0%.

Notably, gold futures have strengthened. The yellow metal trades higher by 1.8% at $1392.50. Nasdaq -12.52 at ... More


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