Report title: Intraday Economic News: Initial Jobless Claims Down 20,000 To 512,000
from S&P Credit Research
656 word report published Nov 05, 2009

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Abstract: U.S. jobless claims fell 20,000 to 512,000 in the week ended Oct. 31—lower than the 520,000 that markets had expected and the lowest number since the beginning of this year. Continuing claims dropped 68,000 to 5,749,000 in the week ended Oct. 24 from an upwardly revised 5,817,000 reading the prior week (previously 5,797,000). The report will add support to equity markets today, though the solid productivity reading and upbeat company-specific news will likely steal the show.

Brief Excerpt: You are not entitled to view this Article. For technical support, please contact your help desk. Published by Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. Executive and Editorial offices:...

Report Type: Commentary
Sector: Global Issuers, Public Finance, Structured Finance
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