The euro jumped to a two-week high and European shares turned lower on Thursday as investors, hoping for another bit of Mario Draghi magic, got the minimum cut in the European Central Bank's (ECB) deposit rate that they had been expecting.
When the Organization of the Petroleum Exporting Countries shocked markets by deciding not to cut oil supply despite falling prices a year ago, one of its aims was to keep up its share of global markets.
The Labor Department says weekly applications for jobless aid rose 9,000 to a seasonally adjusted 269,000. The less volatile four-week average was 269,250.
Next Trading Day's Important Events
- USDJPY: 122.97
- EURUSD: 1.0868
- S&P 500: 2,079.51
- NASDAQ : 5123.2