🚨 BREAKING UPDATE

U.S. Initial Jobless Claims dropped to 229,000 this week, improving from 232,000 previously. The data signals a steady labor market, with fewer Americans applying for unemployment benefits.

This kind of resilience supports economic confidence and often boosts risk sentiment. Markets may react with strength in equities, a firmer U.S. dollar, and renewed interest across crypto assets as traders reassess growth and rate expectations.

Labor stability remains a key pillar for the broader market outlook.

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