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(Thursday Market Open) It’s a busy day for the airlines as three major carriers report and investors wait to hear what they might say about summer travel trends. In the meantime, broader market action looks a little unsettled to start the day without much direction one way or another.
It might be a bit of a wait and see kind of day, but the news is starting to trickle in and a lot of it looks positive. First of all, initial jobless claims fell to 547,000 last week, down from a revised 586,000 the week before. It’s a new post-Covid low for this metric, but still about double what we saw before the pandemic. You never want to make too much of one number, but you continue to see the trend move in the right direction and that’s what you want.
Increased volatility has increased questions. We've put together answers for the most commonly asked questions to help you get the info you need quickly.
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