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Nasdaq 100 futures react positively to higher US initial jobless claims
Some US economic data has just hit the wires and that has cornered the latest weekly claims, trade balance and wholesale inventories. However, the most likely of these releases has covered the latest weekly and continuing jobless claims data. That has shown a slight rise over what was expected. Claims in the latest reporting week were expected to come in at 210k. They have actually risen to 218k. The reaction across the US markets and the dollar has been slight, but where the one of any note, it has served to push the Nasdaq 100 futures a little higher. The index is now pricing a reopening even closer to the 17k level, currently at around 16,975
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