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Stocks point lower after jobless claims jump (AP)
[17 mins]
Pedestrians walk past an electronic billboard displaying current FTSE 100 stock market data in London, Thursday, Nov. 20, 2008. European stock markets fell, then recovered some lost ground Thursday on expectations Wall Street will not repeat the heavy selloff from the day before. Asian markets closed sharply down. (AP Photo/Alastair Grant)AP - Fresh worries about widening unemployment added to investors' long list of concerns about the fate of Detroit's three automakers and the broader economy. The concerns weighed on stock market futures a day after stocks fell more than 5 percent.
Jobless claims jump unexpectedly to 16-year high (AP)
[39 mins]
In this Nov. 13, 2008 file photo, Robert Barber, second from left, a Vietnam Veteran from Bronx, N.Y., talks with a recruiter at the New York State Labor Department job fair for veterans in New York. The government said Thursday, Nov. 20, 2008, new claims for unemployment benefits jumped last week to a 16-year high, providing more evidence of a rapidly weakening labor market. (AP Photo/Bebeto Matthews, File)AP - New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence of a rapidly weakening job market expected to get even worse next year.

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