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Third Quarter GDP Comes in As Expected
Thursday, October 27, 2011 - 7:32am | 62The advance look at third quarter GDP was just released, and it came in as expected. Economists expected a reading of 2.5%, and it came in at 2.5%. The reading was sharply higher than the 1.3% in the second quarter. Initial and continuing claims were also released. Initial claims came in at...
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Economic Data Ugly, Futures Weaken Gains
Thursday, September 15, 2011 - 7:37am | 140There was a slew of economic data just released, and most of it was uglier than expected, cutting the gains in the pre-market futures. Initial claims for the week ending September 10 came in at 428,000, versus estimates of 411,000. Last week was revised to 417,000. Continuing claims came in at 3...
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Tomorrow's Economic Reports September 1, 2011
Wednesday, August 31, 2011 - 2:10pm | 248Tomorrow is a massive day for economic numbers, with initial claims and ISM being the two largest reports. These two reports are certainly market moving, and traders will being attention to these releases. At 8:30 a.m., initial claims for the week ending August 27 are expected to come in at 407...
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Initial Claims Worse Than Expected, Futures Higher
Thursday, August 25, 2011 - 7:35am | 87The initial claims data for August 20 was just released, and it came in higher than expected. For the week ending August 20, initial claims rose to 417,000. Expectations were for 405,000. Last week was revised to 412,000. Continuing claims fell to 3.641 million, versus estimates of 3.7 million...
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Initial Claims Better Than Expected, Futures Still Sagging
Thursday, August 11, 2011 - 7:35am | 82Initial claims for the week ending August 6 came in better than expected, and futures are adding to their losses, despite the better than expected numbers. For the week ending August 6, initial claims came in at 395,000 versus expectations of 409,000. The last week was revised to 402,000....
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Previewing Today's Economic Reports -July 14, 2011
Thursday, July 14, 2011 - 7:19am | 138There is a slew of economic reports due out today, in addition to Federal Reserve Chairmen's Ben Bernanke continued testimony in front of Congress today. At 8:30 a.m., initial and continuing claims are due out. For the week ending July 9, economists expect 410,000 initial claims, down from 418,...
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Initial Claims Come In Better Than Expected, Futures Higher On ADP Report
Thursday, July 7, 2011 - 7:33am | 91The July 2 initial claims report came in better than expected, and futures are higher on the back of a better than expected June ADP employment report, as well as lower than expected initial claims. For the week ending July 2, initial claims came in at 418,000, versus expectations of 425,000....
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Previewing Tomorrow's Economic Numbers
Wednesday, June 22, 2011 - 12:40pm | 89Tomorrow will see the release of some important economic numbers, with jobless claims and new home sales leading the way. At 8:30 a.m., initial claims for the week ending June 18 will be released. Economists are expecting initial claims of 413,000. This is down slightly from last week, when 414,...
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Economic Data Comes In Better Than Expected, Futures Off Lows
Thursday, June 16, 2011 - 7:33am | 121There was a slew of economic data just released, and like the rest of the data we've seen recently, it was nothing to write home about, but it was better than expected. Initial jobless claims for the week ending June 11 came in at 414,000, versus expectations of 421,000. Last week was revised up...
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Initial Claims Come In Worse Than Expected, Futures Lower
Thursday, June 9, 2011 - 7:31am | 105Initial claims were just released and they came in worse than expected, and futures are lower as a result of the initial claims miss. Initial claims for the week ending June 4 were projected to come in at 423,000, and they came in at 427,000. Last week's initial claims were revised to versus the...
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Futures Higher Going Into Jobless Claims
Thursday, June 9, 2011 - 7:21am | 81Equity futures are modestly higher going into initial jobless claims, due to be released at 8:30 a.m. Initial claims for the week ending June 4 are expected to tick up ever so slightly, coming in at 423,000. Last week's initial claims were 422,000. Continuing claims are expected to drop, coming...
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Futures Modestly Higher After Initial Claims
Thursday, June 2, 2011 - 7:44am | 113Equity market futures are modestly higher Thursday morning after the markets were subject to a blood bath yesterday, stemming from a weak ADP jobs report, a downgrade of Greek debt, and weaker than expected economic data. This morning we saw initial claims data come in close to expectations, as...
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Previewing Tomorrow's Economic Reports (SPY)
Wednesday, June 1, 2011 - 12:15pm | 119There is a slew of economic reports coming out tomorrow that will be decidedly market moving, and if past economic reports are any indication, they are likely to be weaker than expected. At 8:30 a.m., initial claims are set to be released for the week ending May 28. Economists are looking for a...
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Jobless Claims Fall, Futures Rise
Thursday, May 19, 2011 - 7:33am | 75The initial jobless claims were just released, and it came in better than expected, and futures are rising a bit on this news. Initial jobless claims for the week ending May 14 came in at 409,000, versus economist estimates of 420,000. The prior week was revised up to 438,000, from 434,000....
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Initial Claims At 412,000, Versus 385,000 Estimates
Thursday, April 14, 2011 - 7:30am | 27Initial claims for the week April 9 came in worse than expected, coming in at 412,000, versus estimates of 385,000. Continuing claims came in at 3.68 million versus expectations of 3.7 million.