Arkansas Business headlines: June 23

LITTLE ROCK, Ark. (KTHV) – Stocks end Friday in record territory once again. First, Lance Turner looked at the numbers on "THV11 This Morning."

As stocks extend gains into the sixth season, investors continue to react favorably to the Federal Reserve's statements Wednesday that said the U.S. job market is improving. That has some market-watchers wondering whether the Dow will hit a new milestone soon- the 17,000 mark.

There will also be lots of data this week on the housing marketing. U.S. existing home sales figures are due Monday morning, and the Case-Shiller Index and new home sales will both be released Tuesday.

Analysts expect existing home sales to rise slightly to $4.7 million.

In Arkansas, the latest survey of the state's jobs market shows the unemployment rate down but also fewer people working.

The state Department of Workforce Services said Friday that Arkansas' unemployment rate fell two-tenths of a percentage point from April, coming in at 6.4 percent in May. That rate is more than a full percentage point lower than it was this time last year, when it was 7.5 percent in May 2013.

But the report showed the state's overall civilian labor force down by 7,300 workers. Since this time last year, the labor force is down by 10,900 workers.

For even more Arkansas Business headlines, check out the video above.

Information from Lance Turner with Arkansas Business


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