US jobless claims figures have just been released. The data turned out to be worse-than-expected as the headline number stood at 373k, above previous 371k (revised from 364k) and above the consensus estimate as well.
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Jobless claims: 373k (vs exp. 350k)
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Continuing jobless claims: 3,339k (vs exp. 3,335k)
US500 tumbled in a broad-based sell-off today, plunging below 4,305 pts level. Currently the index is swinging around 4,290 pts. Source: xStation5