Wall Street Waver Ahead of First-Quarter Earnings

April 8, 2015 10:10 PM

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U.S. stocks fell slightly in choppy trading on Thursday after initial jobless claims rose less than expected, suggesting the abrupt slowdown in job growth in March could be temporary.

The market has lately struggled to digest economic data, since strong numbers would back the idea that the Federal Reserve should begin raising interest rates. Weak data, on the other hand, could mean the economic slowdown in the first quarter was not just weather related.

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