U.S. Jobless Claims Pull Back More Than Expected To 207,000

First-time U.S. jobless claims fell by more than expected in the week ended April 11, signaling a modestly stronger labor market reading. The report is a routine economic data release and appears unlikely to move markets materially on its own.

Analysis

First-time U.S. jobless claims fell by more than expected in the week ended April 11, signaling a modestly stronger labor market reading. The report is a routine economic data release and appears unlikely to move markets materially on its own.