For the week ending October 26, seasonally adjusted initial jobless claims in the U.S. decreased to 216,000, marking a decline of 12,000 from the previous week’s revised level, which was adjusted up by 1,000 from 227,000 to 228,000.
For the week ending October 26, seasonally adjusted initial jobless claims in the U.S. decreased to 216,000, marking a decline of 12,000 from the previous week’s revised level, which was adjusted up by 1,000 from 227,000 to 228,000. This reduction reflects improving short-term labor market stability.
The 4-week moving average of jobless claims also saw a decrease, falling to 236,500—down by 2,250 from the prior week’s revised average. The previous week’s average was adjusted upward by 250, from 238,500 to 238,750. These figures suggest a moderate easing in unemployment claims as the U.S. labor market stabilizes.

Source: U.S. Department of Labor
A deepening sell-off in technology and artificial intelligence stocks pressured financial markets, forcing investors to liquidate precious metals holdings to cover losses elsewhere.
Escalating Middle East tensions pushed oil prices higher following a deadly drone strike on Saudi Aramco's Shaybah facility, renewing inflation concerns and expectations for further Federal Reserve tightening.
Rising oil prices renewed inflation concerns as uncertainty surrounding the US-Iran conflict and continued disruptions in the Strait of Hormuz reinforced expectations for further monetary tightening.
Then Join Our Telegram Channel and Subscribe Our Trading Signals Newsletter for Free!
Join Us On Telegram!