Reply To: Traders Market Weekly: Bear Jitters as Risk Factors Deepen


Initial claims higher than expected

latest weekly initial jobless claims count totaled 218,000 ( consensus 200,000), which was above the prior week’s revised count of 197,000 (from 203,000). As for continuing claims, they decreased to 1.317 million from a revised count of 1.342 million (from 1.343 million).

The Philadelphia Fed Index for May decreased to 2.6 ( consensus 16.5) from 17.6 in April.