US Initial Jobless Claims (May/02) 200k vs. Exp. 199k (Low. 190k, High. 220k)
The US Initial Jobless Claims came in at 200k, slightly above expectations of 199k.
McDonald's (MCD) executive says longer-term, believes there is an increase of higher cost inflation due to ongoing global supply chain disruptions
Bernstein sees further memory price surge in Q2 '26, with DRAM and NAND prices are set for another sharp increase, driven by strong server and storage demand; although, price gains are expected to slow in Q3 as focus shifts to long-term contracts
US Initial Jobless Claims (May/02) 200k vs. Exp. 199k (Low. 190k, High. 220k)
Leonardo (LDO IM) Investor Wyser-Pratte reportedly calls for probe on AGM vote, according to Bloomberg
No jet fuel shortages have currently been reported in the EU, according to draft EU Commission guidance
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This marginal miss may not significantly alter the current narrative around the labor market, but it does suggest a potential tick up in claims, which could influence perceptions of economic resilience and Fed policy going forward.
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