https://www.barrons.com/articles/asian-stocks-follow-wall-street-lower-as-european-stocks-await-ecb-decision-51607594903
U.S. Stocks End Mixed as Jobless Claims Rise and Stimulus Talks Continue
Steve Goldstein,
Nicholas Jasinski, and
Jacob Sonenshine
Updated Dec. 10, 2020 4:11 pm ET / Original Dec. 10, 2020 5:08 am ET
U.S. stocks hovered around the break-even line on Thursday as investors thought through a bit of game theory. The latest weekly initial jobless claims rose sharply, and continuing claims also rose for the first time in months. But those signs of recent economic weakness might spur Congress to act on a proposed $916 billion fiscal stimulus bill, the thinking goes. It remains difficult for most investors to be meaningfully bearish on this market.
The Dow Jones Industrial Average closed down 70 points, or 0.2%, on Thursday. The...