U.S. unemployment claims decreased by 5 000 last week
According to Department of Labor, U.S. initial jobless claims declined by 5 000 in the week, ending March 24th and totaled at 359 000.
Analysts expected reading of 351 000, while prior week data was revised to 364 000 from 348 000 reported earlier.
The four week moving average of claims also declined to 365 000 from 368 500 previous week.