Jobless claims are main calendar item

By optionMONSTER,  January 10, 2013, 02:16:05 AM EDT

Weekly jobless claims are the main event on today's economic calendar.

Economists are predicting that 364,000 Americans filed for first-time unemployment benefits last week, down from 372,000 in the previous seven-day period. A lower number has the potential to be interpreted bullishly, while a higher one could hurt sentiment. The Labor Department will release the data at 8:30 a.m. ET.

Also before the opening bell, the Bank of England and the European Central Bank will make interest-rate announcements. Those headlines could affect macro sentiment.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Options

Referenced Stocks: SPX



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