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Here comes initial jobless claims ...

Oct 29, 2015, 17:36 IST

TBI

At 8:30 a.m. ET, we'll get the latest weekly tally of U.S. unemployment insurance claims.

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Economists estimate claims ticked up to 265,000 from 259,000 a week ago.

"The 4-week average fell to 263,250, its lowest level in several decades," HSBC noted after last week's report. "The slow pace of layoffs suggests that business remain relatively confident about the economic outlook. "

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