Gothamist
A non-profit newsroom, powered by WNYC.
Gothamist
Listen Live
News
After Dismal Thursday, Stock Futures "Claw Back"
By
Jen Chung
Published Nov 7, 2008
Modified Nov 7, 2008
Share
FacebookTwitterRedditEmail
Never miss a story
Email address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .
By
Jen Chung
Published Nov 7, 2008
Modified Nov 7, 2008
Share
FacebookTwitterRedditEmail
We rely on your support to make local news available to all
Make your contribution now and help Gothamist thrive in 2026. Donate today
Gothamist is funded by sponsors and member donations
After yesterday's heavy losses on Wall Street, it's believed there's no way but up today: CNBC reports that futures are "pointed to a higher open" and may "claw back from a post-election selloff." Unfortunately, the Labor Department is expected to bring some depressing news about the jobless rate: Economists think it's climbed to a "five-year high of 6.3%" last month, according to Bloomberg News. An economist at IHS Global Insight, Nigel Gaults, sums it up: "Although the economy was the No. 1 key to Obama's success, as of Jan. 20 it will be his No. 1 problem. The damage from the financial crisis is quickly becoming evident."
Tagged
stock futures
wall street
Jen Chung
Jen Chung is a former WNYC and Gothamist editor.
Read more
Gothamist is funded by sponsors and member donations
Gothamist is funded by sponsors and member donations
MORE news
NY Gov. Kathy Hochul, Bruce Blakeman spar over immigration, cost of living in debate
The Democratic incumbent repeatedly invoked President Donald Trump. The Republican challenger largely avoided bringing up New York City Mayor Zohran Mamdani.
By
Jon Campbell
Published Oct 13, 2026 at 9:05 p.m. ET
Manhattan neurologist charged with sexually abusing 2 patients, DA says
Prosecutors say Dr. Tariq Lamki abused two patients during appointments at a medical practice near Stuyvesant Town.
By
Giulia Heyward
News
Manhattan neurologist charged with sexually abusing 2 patients, DA says
Prosecutors say Dr. Tariq Lamki abused two patients during appointments at a medical practice near Stuyvesant Town.
By
Giulia Heyward
Years of bus headaches start Thursday as Port Authority advances Midtown terminal work
By
Ramsey Khalifeh
and
Carol Chen
ICE admits to using Roxbury, NJ warehouse site to process immigrants
By
Mike Hayes
Dolan's offer: Donations to Blakeman for Knicks tickets
By
Walter Wuthmann
Never miss a story
Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.
Sign upEmail address
By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .