Markets News Afternoon: US manufacturing growth slows in June; US initial weekly jobless benefit claims rise; US pending home sales dipped 30% in May
Jul 1st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and oil; In the week ending June 26th, the advance figure for seasonally adjusted initial claims was 472,000, an increase of 13,000 from the previous week's revised figure of 459,000. The 4-week moving average was 466,500, an increase of 3,250 from the previous week's revised average of 463,250. Meanwhile, the US manufacturing sector continued to grow during June; however, the rate of growth slowed.