A.M. Update

S&P future (+0.07%) sit around the flatline after nvidia retraced losses, and this morning’s data. Initial jobless claims for the week ending August 23 decreased by 5,000 to 229,000 (consensus: 236,000). Continuing jobless claims for the week ending August 16 decreased by 7,000 to 1.954 million, with the prior figure revised to 1.961 million (from…