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Stock Market News: Why Tesla and Facebook Are Soaring

Thursday morning brought an end to a streak of rising stock market days, as investors seemed perturbed by continued economic impacts from the coronavirus pandemic. First-time claims for unemployment benefits came in at 3.8 million for the most recent week, bringing the total number of claims in just six weeks to about 30 million. Helping to lead the charge for that index were Tesla (NASDAQ: TSLA) and Facebook (NASDAQ: FB), each of which gave their latest results and shed some light on the factors affecting various parts of the U.S. economy. Read More...

Stock Market News: Why Tesla and Facebook Are Soaring

Thursday morning brought an end to a streak of rising stock market days, as investors seemed perturbed by continued economic impacts from the coronavirus pandemic. First-time claims for unemployment benefits came in at 3.8 million for the most recent week, bringing the total number of claims in just six weeks to about 30 million. Helping to lead the charge for that index were Tesla (NASDAQ: TSLA) and Facebook (NASDAQ: FB), each of which gave their latest results and shed some light on the factors affecting various parts of the U.S. economy.

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