Daily Wrap

Initial Jobless Claims came in slightly better than expected, although Continuing Jobless Claims hit a 33-month high. The market took the decent news and ran with it, but in actuality we’re just seeing high volatility consolidation. Averages NASDAQ-100 outperformed, while the Dow and Dow Transports (+1.7%) gained the least. S&P-500 ⇧ 2.30 % NASDAQ ⇧ 3.06…