US stocks edge higher as new data shows millions more jobs lost

Business Insider

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· *US stocks edged higher on Thursday after jobless claims for the week ended May 16 reached 2.4 million.*
· *The Labor Department's latest data brings the metric's nine-week total to nearly 39 million. Unemployment filings have now topped the 37 million claims made during the 18-month-long financial crisis.*
· *The oil...

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