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Market Commentary

Updated on November 16, 2017 10:38:14 AM EST

Last week’s unemployment figures were posted at 8:30 AM ET this morning, showing 249,000 new claims for unemployment benefits were filed last week. This higher than the previous week’s 239,000 new claims and exceeded forecasts of 234,000. That indicates the employment sector was a little weaker than thought last week, making the data favorable for bonds and mortgage rates. However, this is only a weekly snapshot, so its impact on today’s trading has been minimal.
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Careers   |   Contact Us   |   Privacy Policy   |   Site Map

That's the spirit!