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'The Third Wave': Stock Market Update For The Week Ahead
Sunday, December 6, 2020 - 7:15pm | 1183The Past Week, In A Nutshell What Happened: In light of hopes for a sustained economic rebound, U.S. broad market indices pushed to new all-time highs. Remember This: “[T]he third wave is now hitting the economy harder than we thought and that the damage is likely to keep adding up in coming...
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Retail Sales Announcement Sends Stocks Lower; Jobless Claims Miss Estimates
Thursday, June 12, 2014 - 8:56am | 159May’s retail sales disappointed investors and subsequently sent stock futures lower. Sales increased 0.3 percent month-over-month (4.3 percent year-over-year) versus the 0.6 percent estimate. Excluding autos, there was no growth, despite the 0.4 percent estimate. The disappointing...
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Third Quarter GDP Comes in As Expected
Thursday, October 27, 2011 - 8:32am | 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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Tomorrow's Economic Reports September 1, 2011
Wednesday, August 31, 2011 - 3:10pm | 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 Come In Better Than Expected, Futures Higher On ADP Report
Thursday, July 7, 2011 - 8:33am | 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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Economic Data Comes In Better Than Expected, Futures Off Lows
Thursday, June 16, 2011 - 8:33am | 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 - 8:31am | 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 - 8:21am | 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 - 8:44am | 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 - 1:15pm | 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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Initial Claims At 412,000, Versus 385,000 Estimates
Thursday, April 14, 2011 - 8:30am | 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.
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Initial Claims At 388,000, Versus 383,000 Estimates
Thursday, March 31, 2011 - 8:30am | 23Initial claims for the week ending March 26 came in at 388,000, versus expectations of 383,000. Continuing claims came in at 3.72 million, versus expectations of 3.7 million.