Jobless Claims Rise; Stocks Rally on Earnings - Palantir Surges 13%, Apple and Microsoft Rebound Ahead of Earnings
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Jobless claims rose more than expected to 217,000 last week vs 210,000 prior week and 213,000 estimate.
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Palantir stock surged 13% after strong earnings with revenue and EPS beating views.
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Dow futures signaled a fourth day of gains as oil prices rebounded and 10-year Treasury yield fell.
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Amazon stock topped an early entry at 134.48. Arista Networks broke out past a 198.70 buy point.
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Apple, Microsoft stocks rose ahead of Apple earnings after the close and rebounded near key support levels.
