USA Continuing Jobless Claims 1.794M Vs 1.786M Prior
Portfolio Pulse from Benzinga Newsdesk
The USA's continuing jobless claims have increased slightly to 1.794 million from the previous 1.786 million.
May 23, 2024 | 12:30 pm
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The slight increase in continuing jobless claims to 1.794 million from 1.786 million may indicate a marginally weaker labor market, which could impact overall market sentiment.
The increase in jobless claims suggests a marginally weaker labor market, which could lead to negative sentiment in the broader market. SPY, being an ETF that tracks the S&P 500, may experience slight downward pressure as a result.
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