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Markets Live Recap: Unemployment in Focus Today

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This morning, United States weekly jobless claims came in at 4.4 million.

Just over 26 million Americans have now applied for unemployment… In the last 5 weeks.

That means the U.S. economy has wiped out all the job gains since the Great Recession.

Unemployment sits at 23% and it doesn't look like we're close to re-opening the economy any time soon.

Despite that, investors shrugged off the news, bidding up the S&P 500 about 1.7% to start the day.

But stocks turned over mid-day and closed about flat.

Here's what our experts - Chris Johnson, Tom Gentile, D.R. Barton, Jr., and Shah Gilani - saw in the financial markets today, April 23...

Dow Jones

There's a Lot to Gain from This Dow Theory "Failure"

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When the markets get irrational, traders like our Chris Johnson ask lots of questions because there’s something to be learned – and money to be made.

While markets constantly change and evolve, there are a few rules that remain constant, such as the Dow Theory.

But despite that, what’s currently going on is signaling us to stay away, or even short, the Dow Jones Transpiration Average aggressively.

Let’s look at the issues pointing us to these bearish opportunities and the profits that can be made…

dow jones

Dow Jones Today to Push Higher on Tax Reform Approval

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The Dow Jones is set to hit record highs today on headlines that Senate Republicans have secured the votes of two hold out members on the tax reform bill.

Dow futures are up 159 points this morning as investors cheer on the success of President Trump's Tax Reform bill.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...