Market Analysis

Bonds are up this morning and stocks are down slightly this morning.  In economic news, Initial Jobless Claims for the week ended 6/12/10 were up by 12,000 to 472,000 vs market expectations for a decline of 6,000.  Continuing Jobless Claims for the week ended 6/5/10 came in at 4.571 million which was higher than the expected 4.475 million analysts were expecting. May's Consumer Price Index (CPI) came in down .2% vs expectations for a .1% decline.  Excluding food and energy, the Core CPI was up .1% which matched expectations.

Posted by Matthew Breston on June 17th, 2010 8:38 AMPost a Comment (0)

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