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Weekly Jobless Claims Unchanged

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  • Description

    FBN's Adam Shapiro breaks down late-morning market news.

  • Duration 1:03
  • Date

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Adam Shapiro -- Fox Business -- the number of Americans filing for first time jobless claims was unchanged.

Last week.

Suggesting steady gains in the job market.

Initial claims held steady at 370000.

-- more closely watched four week moving average fell for a second straight week.

Conditions for mid Atlantic factories dropped to their first negative reading in eight months the latest manufacturing index from the Philly Fed fell to a reading of negative five point eight.

Readings below zero indicate economic contraction manufacturers in the region are also less optimistic.

About the future.

Investors are taking -- -- after the luxury boosted its.

Quarterly dividend 10% shareholders can now expect cash -- 32 cents a share.

And for you football fan Super Bowl -- New York Giants receive their -- from Tiffany's last night that's latest from the Fox Business networking.

-- business free has brought to you -- -- financial.

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