On Tap Today
On Tap Today: Initial Jobless Claims, Costco Earnings
After
yesterday's carnage in tech land, the market will look to get back on its feet. The initial jobless claims
report is due out before the opening bell. This indicator should provide further clues as to the nature of Friday's employment report
. The number of claims has risen 30% over the course of the last year.
Economic Data
(Forecasts are from Reuters. Times are Eastern. For a longer-term economic calendar and more, see TSC's Economic Databank.)- 8:30 a.m.: Initial jobless claims
for the week ended May 25. Source:
Labor Department. Forecast: 405,000. Previous: 407,000. Four-week average: Forecast: n.a. Previous: 403,000. 10 a.m.: Help-Wanted Index
for April. Source:
Conference Board. Forecast: n.a. Previous: 66. TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.26
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DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
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-0.60%
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-0.22%
|
-0.07%
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-0.80%
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