USA Continuing Jobless Claims 1,875K Vs 1,875K Est.; 1,861K Prior
Portfolio Pulse from Benzinga Newsdesk
USA Continuing Jobless Claims came in at 1,875K, matching the estimate and slightly higher than the prior figure of 1,861K.

December 28, 2023 | 1:30 pm
News sentiment analysis
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Ascending
NEUTRAL IMPACT
The jobless claims data matches expectations, indicating a stable labor market, which may have a neutral impact on SPY.
Since the jobless claims data came in as expected, there is no surprise element to trigger a significant market reaction. SPY, which tracks the market, is likely to remain stable in the short term unless other factors come into play.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50