Jobless claims hold above 400,000 for the second week in a row
Initial jobless claims totaled 411,000 for the week ended June 19, a decline from the 418,000 in the previous period but worse than the 380,000 estimate. Continuing claims decreased to 3.39 million. Durable goods orders rose 2.3%, below the Dow Jones estimate, while the final reading on first-quarter GDP came in at 6.4%, in line … Read more