US stocks rose on Thursday after weekly jobless claims fell to their lowest level in 52 years.
Jobless claims fell to 187,000 last week, down to the lowest level since September of 1969.
The strong claims data bested economist estimates and underscores a healthy job market.
US stocks moved higher on Thursday, recovering from Wednesday’s sell-off after weekly jobless claims fell to their lowest level in 52 years.

Jobless claims fell to 187,000 last week, down 28,000 from the previous week and ahead of economist’s estimates of 210,000. The jobless claims data represented the lowest level since September of 1969, and highlights the underlying strength of a job market that is still recovering from the COVID-19 pandemic.

By block head

Block Head is a blockchain journalist.