Stock Market Today: Stocks Tiptoe Forward as Stimulus Talks Persist

Stocks edged forward Thursday as slowing progress on the employment front yet again highlighted the need for fiscal help from Washington.

stock market chart
(Image credit: Getty Images)

Stocks carved out modest gains Thursday as Americans continued to weigh stimulus hopes against more evidence that the economy needs Congressional intervention.

Initial jobless claims declined last week – to 840,000 filings from 849,000 the week prior – but the figure was higher than economists expected.

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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 Kiplinger.com, and the Managing Editor for InvestorPlace.com 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.