US released its Initial Jobless Claims for October 10 showing a decline as it came in at 514 thousand; better than the forecasted reading of 520 thousand and the prior revised reading of 524 thousand from 520 thousand, whereas the Continuing Claims for October 3 plunged to 5992 thousand, which is better than the predicted reading of 6000 thousand and the prior revised reading of 6067 thousand from 6040 thousand.