Via an email alerts from Fox Biz:
New claims for unemployment benefits fell to 355,000 last week from 363,000 the week prior. Claims were expected to rise to 370,000. A Labor Department analyst says superstorm Sandy depressed claims in at least one state and resulted in an increase in claims in others.
The U.S. September trade deficit narrowed to $41.55 billion — the narrowest since December 2010 — from a downwardly revised $43.79 billion in August. Analysts were expecting the deficit to increase to $45 billion from a previously reported $44.22 billion.