Stock Market Today: Another Split Market as Jobs Concerns Grow

A mounting list of planned playoffs weighs on stocks Thursday, though Big Tech manages to hoist the Nasdaq up to another record high.

(Image credit: Getty Images)

Thursday was another turbulent day for stocks as the nation's economic picture continued to cloud up. The volume of new unemployment claims declined once again, to 1.31 million last week, but fresh bad news on the jobs front weighed on investors.

Walgreens (WBA, -7.8%), one of just a couple of noteworthy stocks with earnings reports this week, announced it would cut 4,000 U.K. jobs and freeze share buybacks amid weak quarterly results.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for, and the Managing Editor for before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.