US initial jobless claims 230K versus 245K last week. Estimate 248K.

• Prior week
• Initial jobs claims 230K versus 248K estimate. Last week revise to 245K from 246K previously reported
• 4 week moving average Moving average A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot A moving average is a statistical tool that is used to smooth out short-term fluctuations in data and reveal longer-term trends. It is calculated by taking the average of a certain number of data points over a specific period of time, and then plotting that average as a line on a chart. The most common types of moving averages are simple moving averages (SMA) and exponential moving averages (EMA).In financial markets, moving averages are often used to analyze stock prices, exchange rates, and ot Read this Term initial jobless claims Jobless Claims Jobless claims are a weekly statistic reported in the United States that represents a key barometer for domestic employment. As one of the most closely watched US indicators, jobless claims carry a lot of weight in financial markets, namely forex and the stock market.Jobless claims are reported on a weekly basis by the Department of Labor. While painting a picture of the overall health of the economy, jobless claims can be broken down into two types.This includes initial jobless claims or person Jobless claims are a weekly statistic reported in the United States that represents a key barometer for domestic employment. As one of the most closely watched US indicators, jobless claims carry a lot of weight in financial markets, namely forex and the stock market.Jobless claims are reported on a weekly basis by the Department of Labor. While painting a picture of the overall health of the economy, jobless claims can be broken down into two types.This includes initial jobless claims or person Read this Term 236K versus 240K last week
• Continuing claims 1.858M million versus 1.878 million estimate. The prior week revised lower to 1.861M from 1.865M last
• 4-week moving average of continuing claims 1.837M vs 1.826M last week
• The largest increases in initial claims for the week ending April 15 were in New York (+6,600), Georgia (+3,245), Connecticut (+1,223), Rhode Island (+1,058), and South Carolina (+688),
• The largest decreases were in California (-4,456), Texas (-2,801), Pennsylvania (-1,789), Indiana (-1,516), and Oregon (-1,202).

The jobs data is getting better again.

US stocks are holding to gains so far:

• S&P is up 20 points
• Dow Jones up 150 points
• NASDAQ index is up 126 points

US GDP came in at +1.1% versus 2.0%. The Atlanta FedGDPNow model tumbled to 1.1% from 2.6% in the previous report. Their model nailed the GDP number.