US jobless claims total 280K vs. 305K est; housing starts down 14.4% vs. up 1.05% est

Please check back for further updates.. Economists in a consensus survey expected weekly claims for state unemployment benefits to dip by 10,000 to 305,000. In a separate report, U.S. housing starts had been seen rising 1.05 percent in August. In early trading, stock futures pointed to a higher open on Wall Street.
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