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The number of Americans filling for jobless claims dropped to 0.232 million compared to 0.243 million reported in the previous week. Today’s reading came in below market expectations of 0.248 million.
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Continuing claims reading, which lags initial jobless claims data by one week, rose to 1.43 million from 1.41 million, while analysts expected an increase to 1.43 million.
Daily Summary: Nasdaq and AI Stocks Rebound Ahead of Big Tech Earnings 🚀
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Morning Wrap: Nasdaq rebounds ahead of Mag7 earnings, bonds regain favour, oil falls from peak (19.10.2026)
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