US Continuing Jobless Claims (Apr/04) 1818k vs. Exp. 1840k (Prev. 1794k)
The US Continuing Jobless Claims figure came in at 1,818k, beating expectations of 1,840k, though it is up slightly from the previous print of 1,794k.
US Defence Secretary Hegseth says Iran is still motivated to keep the ceasefire intact; US allies have not done enough; reiterates Iranian Supreme Leader is believed to be wounded and alive
US CENTCOM Admiral Cooper says he met with the Israeli Chief of Defense to ensure they remain closely aligned, and they do
US Continuing Jobless Claims (Apr/04) 1818k vs. Exp. 1840k (Prev. 1794k)
Four companies are mulling new bond sales in the US investment-grade primary market on Thursday, according to Bloomberg citing a poll
US PRE-MARKET MOVERS: TSM, SCHW, ABT, PEP, PPG, QDEL, FLUT, GLW, FN, OKTA
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This decline in claims relative to expectations suggests a stronger labor market, which could imply less urgency for fiscal stimulus and may support a hawkish stance on monetary policy. Market participants will be watching closely for potential implications on growth and inflation dynamics.
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