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Weekly jobless claims lower than expected after U.S. recession fears
Posted
August 9, 2024
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August 9, 2024
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2:04Now PlayingWeekly jobless claims came in lower than expected on Thursday, giving the stock market a major boost. Both the Dow and Nasdaq saw big gains, and the S&P 500 had its best day since 2022. CBS News business analyst Jill Schlesinger explains what to expect after fears of a recession earlier this week.
Each weekday morning, "CBS Mornings" co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app.
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