Pre-Thanksgiving economic data dump shows calm jobless claims and potential labor market cooling trend.

From Nasdaq: 2024-11-27 10:26:00

On the morning before Thanksgiving, a large data dump of economic reports hit the tape, including Weekly Jobless Claims that remain calm at 213K new claims. Continuing Claims ticked down to 1.907 million, indicating a potential cooling labor market trend. Other data included Durable Goods Orders, Trade Balance, and GDP figures for October.

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Read more at Nasdaq: Pre-Thanksgiving Smorgasbord of Econ Data