Weekly jobless claims were at 500,000 – but who expected companies to be hiring?

David B. Armstrong, CFA Weekly Market Commentary

The equity market indices were mixed last week with the Dow Jones Industrial Average losing 0.87% to finish the week at 10,214, the S&P 500 Index losing 0.70% to finish at 1,072 and the Nasdaq Composite Index gaining 0.29% to finish at 2,180.  The Russell 2000, which measures smaller capitalization stocks, gained 0.21% to finish at 610.78. Economic reports continue …