Read more

BREAKING: US jobless claims slightly higher than expected. US500 loses

1:31 PM 3 July 2024

US Initial Jobless Claims: 238k (Forecast 235k, Previous 233k)

  • US Continued Jobless Claims: 1.858M (Forecast 1.84M, Previous 1.839M)

As we can see below, US500 drops after today ADP and jobless claims report. Jobless claims came in only slightly higher, than expected, but we can see higher number of continued claims. Generally, data point to a cooling US labour market, but there are not any signs of significant weakness.

Source: xStation5

Share:
Back

Market News

04.07.2025
19:13

Daily Summary: Tariff Concerns Weigh on Markets

Due to Independence Day, the US stock market remained closed today. Concerns about the future of tariff negotiations led to declines in US index...

 18:56

US Stock Peaks on Increasingly Shaky Foundations

US indices hit new highs yesterday. Today's lack of trading sessions is causing a slight correction in futures contracts, although it's hard to...

 13:48

DE40: European Stocks Slide On Tariff Anxiety (04.07.2025)

European markets record sharp declines, as investors’ anxiety grows ahead of the looming tariff negotiation deadline. Donald Trump’s pledge...
More news

Join over 1 600 000 XTB Group Clients from around the world

Start trading Download the app Download the app
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits