Weekly US initial jobless claims landed at 197K, below the 200K forecast
US initial jobless claims totaled 197K last week versus a forecast 200K, with continuing claims at 1716K against a 1708K estimate.
Al Jazeera reports that Iran-US talks in New York are becoming more positive and have entered a technical phase, with Qatar mediating.
Nourddine Dgheir, who heads Al Jazeera's Tehran bureau, reported that sources in the city describe the atmosphere surrounding the talks as growing more positive.
Dgheir wrote that the Iran-U.S. negotiations, taking place in New York, have progressed from preliminary diplomatic contacts to a more detailed technical stage, with technical experts now participating. Additional Iranian officials have travelled to New York for the discussions.
According to the report, Qatar remains a mediator.
The latest reports have boosted risk appetite, with the S&P 500 reaching its intraday highs.
The update noted that an Axios report contains similar content. The same source suggested that the reports might be a Friday ruse to lower oil prices by a couple of dollars, but also expressed that hope springs eternal.
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US initial jobless claims totaled 197K last week versus a forecast 200K, with continuing claims at 1716K against a 1708K estimate.
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