Stocks Turn Positive After Bank Regulators Ease Volcker Rule

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Stocks Turn Positive After Bank Regulators Ease Volcker Rule
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Stocks are higher this morning, with markets initially taking a hit from disappointing unemployment data but rebounding after banks jumped on news that they will get easier regulations by skleb1234

Stocks are higher on Thursday morning, with markets initially taking a hit from disappointing unemployment data but rebounding after banks jumped on news that they will get easier regulations.KEY FACTS

Continuing claims fell below 20 million for the first time since April, but the overall jobless numbers still remain high and the labor market’s recovery could be impeded by a surge of new coronavirus cases across the country.from the Volcker Rule, sending shares of big banks surging.

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