- Initial Jobless Claims rose by 231K vs. the previous week.
- Continuing Jobless Claims increased by 1.868M.
US citizens that applied for unemployment insurance benefits increased by 231K in the week ending August 24, according to the US Department of Labor (DoL) on Thursday. The prints came in a tad below initial consensus (232K) and were slightly lower than the previous weekly gain of 233K (revised from 232K).
In addition, Continuing Claims increased by 13K to 1.868M in the week ended August 17.
Market reaction
The US Dollar Index (DXY) extends its daily recovery and surpasses the key 101.00 barrier, in the context of the mixed note in US yields across the curve.
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Related Articles
Investing in Industrials Stocks
TradingKey - Industrials are having a remarkable 2025 recovery, quietly but powerfully. No longer a defensively minded, yield-driven sector, they are riding waves of structural change from geopolitics and AI infrastructure to the great global supply chain reshore. While the S&P 500 continues to...TradingKey
12 hours ago
U.S. GDP, PCE, and Fed Rate Decision Commentary: Will U.S. Stocks Continue to Rise?
TradingKey - On 30–31 July 2025, the United States released its latest GDP and PCE data, while the Federal Reserve announced its interest rate decision during the same period.TradingKey
16 hours ago
What Is Binance Coin (BNB), and Can It Really Hit $2,775 by 2028?
BNB is the native token of Binance, the world’s largest crypto exchange. Launched in 2017 via an ICO, BNB started as an ERC-20 token on Ethereum before migrating to BNB Chain, which includes both the Binance Smart Chain (BSC) and Binance Chain.TradingKey
21 hours ago
What to Expect From Meta Q2 Earnings: AI Push, Ad Strength — But Can Profitability Hold?
TradingKey - Meta Platforms (META), the parent company of Facebook, Instagram, and WhatsApp, will release its Q2 2025 earnings after the U.S. market close on Wednesday, July 30. After nine consecutive quarters of beating expectations, analysts expect another strong performance — driven by AI-poweredTradingKey
Tue, Jul 29
[IN-DEPTH ANALYSIS] UnitedHealth (UNH): Can the Healthcare Giant Recover After Its Epic Collapse?
Once a Wall Street sweetheart, UnitedHealth Group (UNH) dominated the US healthcare industry with its unbeatable vertical empire, spanning insurance, clinics, pharmacies, and data analytics.TradingKey
Mon, May 26
.jpg)
