The U.S. Labor Department released the Initial Jobless Claims for the week ending October 15, where the index increased eased by 6 thousand from the prior revised estimate of 409 thousand to come at 403 thouand but up from median estimates of 400 thousand.

While continuing claims for the week ending October 8, came at 3719 thousand compared to the prior revised 3694 thousand and also above median estimates of 3690 thousand.