US Jobless Claims Exceed Estimates Amid Economic Slowdown

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Source: Benzinga
US Jobless Claims Exceed Estimates Amid Economic Slowdown
Photo: Benzinga
TL;DR Summary

Economic data released Thursday showed higher-than-expected weekly jobless claims, significant declines in housing starts and building permits, and a drop in the Philadelphia Fed's business outlook survey. Treasury yields rose slightly, and the U.S. Dollar Index gained, while futures on major U.S. equity indices traded higher but trimmed gains following the data.

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