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Jobless claims: 245k vs 240k expected (239k previously)
Jobless Claims data came slightly higher than expected by analysts. The labor market is starting to weaken, which is a strong signal to the Fed that interest rate hikes are starting to affect the labor market.
US500 declined below 4172 points form resistance level and is trading at $4147 points, alfter jobless claims data release there was no reaction in index price.
Daily Summary: Powell pulls markets back up! 📈 EURUSD higher
US OPEN: Wall street extends declines! 📉
US100 loses 1% 📉
BREAKING: US NFIB small business optimism weakens🗽US500 loses 0.8%