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home / news releases / jobless claims swing higher


SPVM - Jobless Claims Swing Higher

2024-06-13 19:15:00 ET

Summary

  • Economic data, including jobless claims, came in weaker than expected this morning.
  • For seasonally adjusted initial claims, there was a jump to 242K in the first week of June, the highest reading since last August.
  • We would note that continuing claims have also pressed higher, reaching 1.82 million.

Economic data, including jobless claims, came in weaker than expected this morning. For seasonally adjusted initial claims, there was a jump to 242K in the first week of June, the highest reading since last August....

For further details see:

Jobless Claims Swing Higher
Stock Information

Company Name: Invesco S&P 500 Value with Momentum
Stock Symbol: SPVM
Market: NYSE

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