Jobless Claims Come in Lower Than Expected
From Nasdaq:
Thursday morning contains the biggest market data of the week, with positive vibes for the Dow, S&P 500, and Nasdaq ahead of the opening bell. Weekly Initial Jobless Claims remain strong, but Continuing Claims are up. Retail Sales for January dropped unexpectedly, with Goods prices in Building Materials and Gardening, Motor Vehicles and Electronics falling, while Furniture and overall Services rose. Import Prices are up for January, while Empire State and Philly Fed manufacturing both surprised to the upside. Deere & Co. beats estimates, while Wendy’s and Shake Shack report Q4 earnings ahead of today’s open. Zacks Investment Research offers free stock analysis reports on companies like Deere & Company, The Wendy’s Company and Shake Shack, Inc.
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