Morning Market Report

The Provocateur ^ | 10/22/2009 | Mike Volpe

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The Dow was up until the last couple hours yesterday and then it turned. The Dow went from up about fifty points at the time to down 92.12 at the close. There's still plenty of earnings to chew on but the weekly first time unemployment numbers just came out. The current weekly number was up to 531,000 and last week's number was revised to 520,000. That breaks a streak and keeps the number above 500,000. So, once again, the weekly first time claims numbers gives a very unclear picture about the jobs picture. The four week average did get better.