💥BREAKING:🇺🇸 United States Initial Jobless ClaimsActual: 226KExpected: 221KPrevious: 219K https://t.co/2to3y9Ml7D ...

Welcome back to Squawkbox. Rick Santella here live on CME HQ with the breaking news of the morning. We have jobless claims, ECI, employment cost index, and personal income and spending.Let's start with income. Remember last month we took a ding minus 4/10en of a percent. That was weakest going back to the fall of 21.Rebounding up 3/10, a tenth better than expected. And that would comp well April we're up 7/10. Now let's look at personal spending up 3/10 a tenth light but a nice reversal before any revisions ...

Pre-market futures right now are split, but weakening. Understandable, as we have seen record high closes on the S&P 500 so far this year in double digits, mostly in just the past couple weeks. Profit-taking wouldn’t be the craziest idea anyone had from current levels, and considering the morning’s data remains strong, we don’t see anything else pushing market futures down.Only the tech-heavy (AI-trade-heavy) Nasdaq is in the green at this hour, +42 points, +0.18%. This itself is off early-morning highs nea ...

💥BREAKING:🇺🇸 United States Initial Jobless Claims• Actual: 217K• Expected: 227K• Previous: 221K https://t.co/vWmagGx1vQ ...

Market Performance - S&P 500 创下新纪录高位 [1] - 股票受到好于预期的盈利、零售额和首次申请失业金人数的提振 [1]

All right, welcome back. Well, earlier today we got another pretty good read on the economy, but it's kind of another day where the bond market is not really moving. The 10-year yield is at 4.46% and as we noted yesterday, that's the same price that bond yields were at back in November.So, what's it going to take to get borrowing costs on the move again. Either way, Rick Santelli is in Chicago with the bond report. Rick, yeah, you nailed it.Not only was 445 an important area historically, that's where we we ...

Economic Indicators - Initial Jobless Claims decreased for the fourth consecutive week to 227K, down from a near-term high of 250K four weeks ago, marking the lowest level since May 17th [2] - Continuing Claims increased to 1.965 million from a revised 1.955 million, the highest since November 2021, with four of the past five weeks above 1.95 million [3][4] Company Earnings - Delta Air Lines reported Q2 earnings of $2.10 per share, beating expectations by 9 cents, with revenues of $16.6 billion, slightly above the expected $16.01 billion [5][6] - Delta raised its earnings guidance for Q3 to a range of $1.25-1.75 per share and for the full fiscal year to $5.25-6.25 per share, exceeding analysts' projections [6] - Conagra missed fiscal Q4 earnings expectations, reporting 56 cents per share against the expected 59 cents, with revenues of $2.78 billion below the anticipated $2.84 billion, leading to an 8% drop in shares [6]

I think we're seeing a US economy that is deteriorating. I think of it as different sickly canaries that are appearing in the coal mine. They're not dead yet necessarily, but they're showing signs of real illness and we're likely to see more, I think, as the year progresses.First of all, consumer confidence has taken a hit. What we're seeing also is just signs of reduced consumption. We're seeing a pickup in continuing jobless claims.Uh we're at the highest level since November of 2021. So, all this says to ...

A lot of numbers to go through here. 147,000 jobs created, according to the Bureau of Labor Statistics, which is above the 106 estimate that we got from Bloomberg Economics and the economists. We surveyed private payrolls up 74,000.Let's take a look here at the unemployment rate. It falls to 4.1%. There was some thought it was going to go maybe as high as four four.The forecast was four for three. So much better number than anticipated. We also see and I'm going to jump here to jobless claims, a big drop in ...

U.S. equities gained at midday as the government reported fewer initial jobless claims than had been expected. https://t.co/lFRpjrLv8P ...