- Prior week 202K revised to 203K
- Preliminary jobless claims 202K vs 210K estimate
- 4-week shifting common preliminary jobless claims 207.75K vs 208.0K final week
- Persevering with claims 1.834M vs 1.871M estimate
- Prior week persevering with claims 1.855M revised to 1.868M
- 4-week MA persevering with claims 1.863M vs 1.870M final week.
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The premarket shares forward of the discharge and the present reveals a adverse response due primarily to the stronger CPI information:
- Dow, +38 The Dow is now down -55 factors
- S&P, 8. The S&P is now down -10.45 factors
- Nasdaq, +79. The Nasdaq is now down -9.8 factors
The USD is larger however now falling again decrease.
Yields have moved larger however stays in adverse territory.
- 2 yr 4.347% -2.3 foundation factors
- 5-year 3.956% -2.1 foundation factors
- 10 yr 4.015% -1.5 foundation factors
- 30-year 4.200%, unchanged
The variety of cuts in 2024 is now 137 bp vs about 143 bp earlier than the information.
Replace: US shares are reversing declines 9 minutes after the discharge.
- Dow Industrial Common -12 level
- S&P index -3 level
- Nasdaq index +8 factors
