US DATA: Initial jobless claims +6k to 402k in Nov 26 holiday wk, well
above the 390k level expected and following 3 straight weeks below 400k.
Claims in the prev week revised up to 396k vs 393k originally. Labor
analyst said DC and Alaska were estimated by Labor, but otherwise
nothing unusual in the state data. Unadjusted claims -69,665 to 370,616
vs seas factors expect of -75k in the holiday shortened wk. The 4-wk
moving avg +500 to 395,750 in Nov 26 wk after 4 straight declines.
Continuing claims +35k to 3.740m in Nov 19 week.