News Focus
News Focus
Followers 21
Posts 20874
Boards Moderated 0
Alias Born 07/07/2002

Re: None

Thursday, 07/08/2010 8:38:43 AM

Thursday, July 08, 2010 8:38:43 AM

Post# of 376171
Futures like the jobs numbers...

S&P futures vs fair value: +5.30. Nasdaq futures vs fair value: +5.30.

Stock futures have moved up to their best levels of the morning following the latest weekly jobless claims figures. Specifically, initial jobless claims for the week ended July 3 totaled 454,000, which is on par with the 460,000 initial claims that had been expected, on average, by a sample of economists polled by Briefing.com. The latest initial claims count was down 21,000 week-over-week.

Meanwhile, continuing claims fell 224,000 week-over-week to 4.41 million, which is the lowest continuing claims count in almost eight months.



Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today