A.M. Update

S&P and NASDAQ-100 futures are up +0.55%. Weekly initial jobless claims totaled 230,000 (consensus 220,000) after a revised 226,000 count last week (from 225,000). Continuing claims surged to a -month high, totalling 1.671 million following the prior revised total of 1.609 million (from 1.608 million). Hong Kong could relax masking and COVID testing rules, according…