Applications have slowly fallen by more than 80,000 since late April
Obama, Bernanke, and Geithner meet as investors worry that political leaders – in the United States and Europe – and central banks can't do much more to support a weak economy.
Continuing with a week of extreme highs and lows, stocks tumbled again on Wednesday, with the Dow losing 520 points, the Nasdaq falling 101, and the S&P 500 closing 52 points down
A nosedive in stock prices doesn't mean a double-dip recession is inevitable. But investor sell-off could hurt an already weak economy by dampening consumer and business spirits.
The Dow recovered almost 430 points Tuesday, after the Fed said it would keep short-term interest rates low until mid-2013. But the Fed's surprise move also points to expectations for slow recovery.
After huge losses on Monday, the stock market sprang back up Tuesday, after the Fed announced it would hold interest rates low for the next two years
The Dow has lost 9.13 percent of its value over three days of trading. It's bad, but investors have seen much worse in previous sell-offs. Still, 'crash' versus 'correction' is a matter of debate.
The Dow plunged 634 points Monday, even as Obama sought to assure the markets that the still-gaping deficit represents a failure of politics, not of the nation's credit-worthiness.
Stocks plummeted Monday, in response to the S&P's decision Friday evening to downgrade the US debt rating from AAA to AA+.
Futures market for US stock fell on Monday after the US credit rating was reduced from AAA to AA+ on Friday. For the Dow, the futures market fell 200 points, S&P 500 futures fell 24 points, and Nasdaq futures fell 44 points.