Jobless Claims & Starts/Permits Down, Imports & WMT Up

Thursday, May 16th, 2024It’s a big morning for economic data. What remains to be seen is whether once it is all digested whether investors will retain the appetite to drive market indices further into all-time highs; the Dow, Nasdaq and S&P 500 all closed at record levels Wednesday. Currently, we’re up +20 points on the Dow, +2 points on the S&P and +8 for the Nasdaq, but these figures are all directly prior to the economic prints being released.Initial Jobless Claims were good again. A headline total of 22 ...