Daily Newsletter: Initial Jobless Claims Higher Than Expected; Jumps 50k From Previous Week

Daily Newsletter: Initial Jobless Claims Higher Than Expected; Jumps 50k From Previous Week

Top News Today

1. Stock Futures are set to drop at the open as jobless claims jumped over 50k from previous week.

2. Initial Jobless Claims for Oct 9 898K vs 825K Est; Prior 840K; Continuing Claims for Oct 2 10.018M vs 10.7M Est; Prior 10.976M

3. French Government Declares Public Health State Of Emergency Starting From Saturday as Coronavirus Cases Spike.

4. DraftKings (DKNG) PR Confirms Multi-Year Agreement With Turner Sports, Agreement Excludes NBA Programming

5. EARNINGS: BEAT- Walgreens Boots Alliance (WBA), Morgan Stanley (MS), Home Bancshares, Truist Financial (TFC) MISS- Aphria (APHA)