Pre-Markets Up on Thin Jobless Claims, Productivity [Yahoo! Finance]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Yahoo! Finance
This was the case even before economic reports and new earnings results have hit the tape, and have continued upward from yesterday's late sell-off from session highs. Currently, pre-market futures appear thusly: the Dow is +216 points, the S&P 500 is +37 and the Nasdaq is +175 at this hour. The Dow and small-cap Russell 2000 finished yesterday's regular trading just above breakeven; the S&P and Nasdaq just below. This being Thursday morning, Initial Jobless Claims are out. A total of 208K new claims were made last month, below the 212K expected, and exactly in-line with the slightly upwardly revised previous week. This is the smallest amount of new jobless claims since the second week of February. Over the past 13 weeks or so, we've remained pretty steady at around 210K initial claims, which is consistent with a robust labor market. Long gone are the days of last summer, when we saw more than 260K new claims. Continuing Claims also remained remarkably well behaved. New longer-ter
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