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U.S. initial jobless claims rose to 210,000 for the week ending March 21, a modest increase of 5,000 from the previous week’s unrevised level. Despite this slight uptick, the labor market showed signs of underlying resilience as the four-week moving average edged down to 210,500.

Highlighting this strength, insured unemployment fell by 32,000 to 1.819 million for the week ending March 14, marking its lowest level since May 2024.

The SPDR S&P 500 ETF Trust (NYSE: SPY) and Invesco QQQ Trust ETF (NASDAQ: QQQ), which track the S&P 500 and Nasdaq 100, respectively, were lower in premarket on Thursday. The SPY was down 0.80% at $651.54, while the QQQ declined 0.99% to $582.00.

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00:07all right red arrows across the board here this morning after a fairly decent day yesterday red
00:15arrows here in the pre-market S&P futures down 0.81 percent Dow futures down 0.74 percent and
00:22the Nasdaq futures leading the way down 0.99 percent or down by a percent here in the pre-market
00:29now let's take a look at some cues from the last session let me get it up here for you
00:36and uh here we go consumer discretionary materials and health care stocks led the S&P 500
00:42higher on Wednesday while energy and real estate uh sectors finished in the red
00:52here all right uh White House press secretary Carolyn Levitt said in a media briefing on
00:58Wednesday that quote if Iran fails to accept the reality of the current moment President Trump will
01:03ensure they are hit harder than they have ever been hit before he is prepared to unleash hell
01:07end quote much for toning it down this unfolded as President Trump said on Wednesday that Iran was
01:13eager to reach a deal to end the nearly four weeks of fighting which contradicts Iran's foreign minister
01:20who said Tehran was reviewing a U.S. proposal but had no plans to end the conflict meanwhile the 10
01:26-year
01:27Treasury bond yielded 4.37 percent and the two-year bond was at 3.94 percent CME Group's Fed watch
01:34tool
01:34projections show the market is pricing in a 93.8 percent likelihood that the Federal Reserve leaves
01:40the current interest rates unchanged at the April meeting now I've got several stocks in focus here for
01:47you today and again it's not um a ton of stuff going out there not a ton but there are
01:53some things this
01:54one would generally appear on our movers list so I'll be happy to get this one out of the way
02:00here
02:00first stock is going to be Opalex Holdings ticker is OLPX and it surged 48.12 percent in the
02:09pre-market on Thursday after it announced to be acquired by Henkel AG & Co. 206 per share in cash
02:16this represents an equity value of approximately 1.4 billion so that's a takeover there next one
02:22here is going to be fiscal note for the penny players get excited uh ticker on this one is
02:27note and shares declined 3.94 percent after it received notification from the New York Stock
02:32Exchange that it no longer complies with Nisei's continued listing standard requirement companies
02:37to maintain an average closing share price of at least a dollar over 30 consecutive trading day period
02:45so we'll see what happens with that next here is going to be Worthington Steel and the ticker on
02:50this one is WS it plunged 14.04 percent after reporting weaker than expected third quarter financial
02:58results the next stock on our list is Miller Knoll the ticker on this one is MLKN and it slumped
03:0519.16
03:06percent after reporting worse than expected third quarter financial results and issuing weak
03:11fourth quarter earnings guidance the last stock on our list is Pony AI that's ticker P-O-N-Y we've
03:19traded
03:19it a whole bunch and it was 2.11 percent higher after it partnered with Vern and Uber to launch
03:25Europe's
03:25first commercial robo-taxi service
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