Market Analysis

April 21st, 2011 10:17 AM
Bonds are slightly improved today on weaker employment figures and a weaker regional manufacturing report from the Philadelphia Fed.  Initial Jobless Claims for the week ended 4/16 came in at 403,000 vs expectations for a 390,000 figure.  Continuing Claims for the week ended 4/9 came in at 3.695 million vs expectations for a 3.650 million figure.  The April Philadelphia Fed manufacturing index came in at 18.5 vs expectations for a 33.0 figure.  Also today the Conference Board's March Leading Indicators Index was up .4% which was slightly better than the .2% increase expected.  Stocks are also up today after a very strong day yesterday on strong quarterly earnings reports.

Posted by Matthew Breston on April 21st, 2011 10:17 AMPost a Comment (0)

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