The Labor Department reports 1.1 million U.S. workers filed initial unemployment claims over the last week — up from 970,000 the previous week. Meanwhile, stock prices continue to soar on Wall Street. The S&P 500 and Nasdaq stock indexes both hit record highs this week. On Wednesday, Apple became the first U.S. company to be valued at $2 trillion.
Stock Markets Surge Even as 1.1 Million U.S. Workers File New Unemployment Claims
HeadlineAug 21, 2020