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NewsWatch: Stocks under pressure after jobless claims rise, with all eyes on Washington stimulus efforts

23 Jul 2020

U.S. stocks open modestly lower Thursday as jobless claims rose for the first time in weeks, even as Senate Republicans and the White House announced progress toward providing additional funds to help businesses and individuals stricken by the impact of the COVID-19 pandemic. The $1 trillion aid proposal must now be negotiated with Democrats.

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