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Initial Jobless Claims Fell Slightly

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This week, amid climbing indexes which may open at fresh all-time highs this morning, we’d been fielding economic news in dribs and drabs. Today we get a fully open spigot: Jobless Claims, Durable Goods, Advance Trade in Goods and a revision to Q1 GDP. These reports have not impeded growth in early trading: the Dow is +160 points, the S&P 500 +20, readying for a new all-time high, and the Nasdaq is +80, also at record highs, at this hour.

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