Stocks struggle as investors watch oil, wait for bank stress test results
Stocks are searching for direction as Wall Street tries to shake off the recent slump in oil prices. All three major indices are on track to open relatively flat following the Labor Department’s latest reading on jobs. Initial jobless claims rose by 3,000 last week, to a still-low 241,000.
Yahoo Finance’s Alexis Christoforous, Myles Udland and Dan Roberts discuss the day’s top business stories, including news that American Airlines (AAL) received an unsolicited notice from Qatar Airways indicating that it wants to make a “significant” investment in the company amounting to about a 10% stake.
