Charts that Count: why the market ignores the layoffs

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The S&P 500 is almost 30 per cent off its lows despite 22m US initial jobless claims; the FT’s US finance editor Robert Armstrong tries to resolve this apparent contradiction. See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132

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In This Story: S&P

S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. One division of the business, S&P Global Ratings, is considered the largest of the Big Three credit-rating agencies, which also include Moody’s Investors Service and Fitch Ratings.

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