US initial jobless claims 198K versus 215K estimate.

Initial Jobless ClaimsInitial claims: 198,000, ↓ 9,000 from the prior week Prior week revision: ↓ 1,000 4-week moving average: 205,000, ↓ 6,500 on the weekTrend signal: Lowest 4-week average since January 20, 2024, highlighting continued labor-market resilienceContinuing ClaimsInsured unemployment rate: 1.2%, unchangedContinuing claims: 1.884 million, ↓ 19,000 from the prior week Prior week revision: ↓ 11,000 4-week moving average: 1.889 million, ↓ 250 on the weekTrend signal:...