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Wall Street Shakes Off Record Jobless Claims

Mar 27, 2020 - The New York Times

Boeing is up nearly 90 percent this week. American Airlines has jumped almost 50 percent. Carnival has soared nearly that much as well.

Wall Street has been in rally mode, as investors bid up shares of companies that were set to receive support from Washington's $2 trillion coronavirus aid bill.

With the package advancing out of the Senate, the gains continued on Thursday. The S&P 500 climbed 6.2 percent, even after the government reported a staggering jump in unemployment claim...