HERE COMES INITIAL JOBLESS CLAIMS...

At 8:30 a.m. ET, the Department of labour will be publishing the latest weekly number of initial unemployment claims.

Economists expect 345,000, a tick lower than 346,000 a week ago.

“The next few weeks of data are subject to seasonal adjustment challenges relating to annual plant shutdowns in the auto industry,” noted High Frequency Economics’ Jim O’Sullivan.

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