US Equity Futures Show Resilience as Initial Jobless Claims Exceed Expectations
Thursday, 4 April 2024, 12:58
US Equity Futures Rise Unexpectedly
US equity futures, initially flat, turned higher after an unexpected rise in initial jobless claims to 221K, exceeding the expected 214K.
Optimism Around Inflation and Fed Cut Pricing
Optimism is emerging around inflation and Fed cut pricing, with current projections up to 72 bps this year from 68 yesterday.
- S&P 500 Futures up 31 points, or 0.7%, at pre-market peaks.
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