U.S. durable goods blew away the estimates in March coming in with an increase of 2.7% vs 0.8% consensus.
Ex-transportation was 0.4% increase vs 0.2% estimate.
Ex-defense the number was an increase of 2.3% vs 0.1% estimate. Non-defense capital goods ex-aircraft showed a 1.3% increase vs 0.1% estimate.
The Trump economy continues to defy the recession narrative.
Initial jobless claims for the week were 230,000 vs 200k estimate.
Continuing jobless claims were 1.655M vs 1.699 estimate.
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