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Tag: U.S. Indices

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U.S. Indices Declined On Thursday As Coronavirus Fears Rises Again

Wall Street trading was mainly in negative territory on Thursday, November 12, and ended with a fall in the key indexes. The worsening of the situation with the spread of COVID-19 against the backdrop of vague statistics was shot down by positive sentiment after the presidential election. The number of initial applications for unemployment insurance for the week decreased by 48,000 to 709,000, according to data from the U.S. Labor Department, and this is the fourth weekly decline in a row. Yet the number is more than three times higher than the pre-crisis level and benefits continue to be enjoyed