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Pre-Market Primer: Jobless Claims Crack 400,000; Eurozone Officially Enters Recession
MINYANVILLE ORIGINAL Stock futures are mixed today as the eurozone fell into a recession in the last quarter and jobless claims in the United States ticked up. Initial claims for unemployment insurance got a huge bump last week as claimants who would have filed the week before but couldn't because of Hurricane Sandy did so. A total of 439 000 claims were filed last week. Economists expected a rise of only 20 000 from the 355 000 claims that were made the week before. The Consumer Price Index rose only 0.1% in October. Excluding food and energy prices rose ...
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