MISS: INITIAL JOBLESS CLAIMS JUMP TO 372K

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UPDATE:

Initial jobless claims have come in a tad weaker than expectations.

Analysts had been expecting a reading of 365K, but instead they came in at 372K.

Last week’s number was revised up a touch to 368K.

It’s not a huge miss or anything, but it’s a touch disappointing.

The full announcement is here.

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The first big number of the US economic day is initial jobless claims.

Analysts expect a reading of 365K, basically flat compared to last week’s 366K.

We’ll have the number here LIVE at 8:30 AM ET.

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