Daily Newsletter: Jobless Claims Declined Last Week, Near Pandemic Low As Economy Recovers

Daily Newsletter: Jobless Claims Declined Last Week, Near Pandemic Low As Economy Recovers

Top News Today

1. Stock Futures Rose As Comments From The Fed Reserve That The U.S. Economic Recovery Was On Track Lifted Economically Sensitive Stocks.

2. Jobless Claims -24K To 400K In Jul-24 Wk; Survey 380K***Continuing Claims Jul-17 Week +7K to 3,269,000

3. Facebook’s Slowdown Warning Hangs Over Strong Ad Sales, While Zuckerberg Talks ‘Metaverse’

4. Merck Sales Rise 22% As Drug Demand Recovers After COVID-19 Hit

5. Ford shares are trading higher after reporting better-than-expected Q2 EPS and sales results and raised guidance.