Jobless Claims Continue Higher YoY Trend
On a week over week basis, initial jobless claims did decline -33,000 from last week’s outlier 264,000 to 231,000, and the four week averaged declined -750 to 241,000.
Fed’s Steady Cuts Propel Markets Toward Record Highs Amid Growth Signals
Weaker labor data triggered a 25 bps rate cut, while resilient retail sales and manufacturing strength fuel bullish momentum, though inflation risks linger as the key concern.
Emini S&P 500 Live Market & Trade Analysis
A review of the recent price action in the e-mini SP500 futures contract.
Initial Jobless Claims Tumble Back Into Their Four-Year Range As Texas Anomaly Normalizes
Initial jobless claims tumbled back into their four year range after spiking the prior week.