Bulls take a breather after surprise increase in new unemployment filings.

Last week The Labor Department said initial jobless claims jumped by 35,000 to 445,000. That has been the highest since October and all the way above expectations and that it is driving some early weaknesses! Some type of seperate report now shows that inflation remains the same at a certain level and that it rose 1.1% in december but only 0.2% when stripping out food and energy! "By the closing bell the Dow Jones industrial average was down 24 points to 11,732, the S&P 500 lost 2 points to 1,284 and the Nasdaq surrendered a midday gain to fall 2 points to 2,735."

To be honest I have no idea what this article meant! 

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