U.S. Jobless Claims Rise More Than Expected to 290K

The video discusses the latest economic news, focusing on the weekly jobless claims, which increased to 290,000, a rise of 12,000 from the previous week. This was higher than the anticipated 280,000. The report, according to the Labor Department, showed no unusual data. The market impact included futures slightly reducing their gains, with the SP 500 maintaining a marginal increase. Additionally, there was some buying in bonds, with the 10-year yield reaching session lows.

What was the reported number of people who filed for unemployment benefits last week?

• 280,000

• 290,000

• 300,000

• 310,000

How much did the jobless claims increase from the previous week?

• 10,000

• 12,000

• 15,000

• 18,000

What was the analysts' expectation for the increase in jobless claims?

• 280,000

• 270,000

• 275,000

• 285,000

What was the market reaction to the jobless claims report in terms of futures?

• Futures declined significantly

• Futures increased significantly

• Futures remained unchanged

• Futures paired some of their advance

What happened to the 10-year yield following the jobless claims report?

• It rose to session highs

• It remained stable

• It came down to session lows

• It was unaffected