US Jobless Claims Exceed Estimates Amid Economic Slowdown
TL;DR
Economic data released Thursday showed higher-than-expected weekly jobless claims, significant declines in housing starts and building permits, and a drop in the Philadelphia Fed's business outlook survey. Treasury yields rose slightly, and the U.S. Dollar Index gained, while futures on major U.S. equity indices traded higher but trimmed gains following the data.
Topics:businesseconomic-news#economic-indicators#economic-news#federal-reserve#housing-market#market-reaction#unemployment
- Jobless Claims Exceed Estimates, Philly Fed Index Declines, Housing Starts And Permits Fall Sharply: Thursday's Economic Digest - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY) Benzinga
- Jobless Claims Exceed Estimates, Philly Fed Index Declines, Housing Starts And Permits Fall Sharply: Thursday's Economic Digest Yahoo Finance
- US labor market, housing data point to slowing economy Reuters
- Unemployment Claims Down 5K, Worse Than Expected - dshort Advisor Perspectives
- US jobless claims fall but what about in Louisiana? Greater Baton Rouge Business Report
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