Japan trade data on Monday; existing home sales on Tuesday; new home sales on Wednesday; durable goods orders, weekly jobless claims on Thursday; MI consumer sentiment index on Friday. Closed: Many markets are closed on Easter Monday , including UK
* Jobless claims rise less than expected; Philly Fed jumps
WASHINGTON (Reuters) - New claims for jobless benefits hovered near their pre-recession levels last week and manufacturing in the Mid-Atlantic region accelerated in April, suggesting an upswing in economic activity after a brutally cold winter.
* Weekly jobless claims up, but remain near pre-recession levels
Stanley +3.6% , GE +2.3% , and Goldman Sachs about flat. Also weighing is a big jump in Treasury yields after initial jobless claims remained right around 300K and the Phila Fed Index popped to a 7-month high. The 10-year Treasury is up 8 basis points
Goldman Sachs and Morgan Stanley beat expectations while jobless claims ticked up by less than expected: S&P and Dow +0.1 ..... changed after a 3% run-up in the previous session. The jobless claims count pressured Treasurys but levels have stabilized; the
* Jobless claims better than expected * Philadelphia manufacturing data expected * Treasury to sell $18 bln, five-year TIPS * Bond market to close early Thursday, closed on Friday By Karen Brettell...
Initial Jobless Claims : +2K to 304K vs. 312K consensus, 302K prior revised.(300K Prior). Continuing claims -11K to 2.74M. 2 comments!
8:30 Initial Jobless Claims 9:45 Bloomberg Consumer Comfort Index 10:00 Philly Fed Business Outlook 10:30 EIA Natural Gas Inventory 4:30 PM Money Supply 4:30 PM Fed Balance Sheet Post your comment!
the pace of that progress may not be as swift as expected, there’s been some clear improvement. For example, initial jobless claims for the week ended April 5 were at their lowest level since 2007. Retail sales for March rose 1.1%, beating expectations