US jobless claims dropped to their lowest level since October 1969 last week, the Labor Department reported. Only 196,000 people filed for unemployment benefits in the week ended April 6. The four-week average was 207,000.
The data stressed the strength of the US labor market in the face of worries about economic slowdown.
US stock futures were mostly unchanged Thursday, pointing at a flat to slightly higher open. The dollar, measured by the ICE US Dollar Index, was up 0.2% at 97.108.
In other economic data, the producer price index for March rose 0.6% on the month and 2.2% year-over-year, beating expectations.
https://www.cnn.com/business/live-news/stock-market-news-today-041119/index.html
2019-04-11 14:05:00Z
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