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CNBC.com


Instant View: Jobless claims at 359,000 latest week

JOHN KOSAR, DIRECTOR OF RESEARCH WITH ASBURY RESEARCH IN CHICAGO

“Looks like the market is a little disappointed. The bigger picture is not one disappointing data point, but where we were going into that. The market was feeling pretty fearless and bulletproof, and when we’re feeling that way, a disappointing data point has a greater effect.”