The numbers: Initial jobless profit claims rose by 13,000 to 215,000 within the week ended Feb. 24, the U.S. Labor Department mentioned Thursday.
Economists polled by The Wall Street Journal had estimated new claims would rise to 210,000.
Key particulars: The variety of Americans already amassing jobless advantages within the week ended Feb. 17 rose by 45,000 to 1.91 million.
Big image: Claims have been bouncing round low ranges. Economists detect some softening within the labor market and don’t anticipate claims to stay so low in coming weeks. Stepping again, the information suggests continued strong financial progress and secure unemployment.
Market response: Stocks
DJIA
SPX
had been set to open decrease on Thursday. The yield on the 10-year Treasury observe
BX:TMUBMUSD10Y
rose to 4.291%.