TRADING DAY-Claims muddy Fed outlook
Wall Street indices were stable, while the dollar and Treasury yields rose due to strong U.S. labor market data, questioning future Fed rate cuts. Unemployment claims fell to historic lows, indicating a robust labor market. Consumer delinquency rates are mixed, with some measures showing high rates and others leveling off. The Fed's upcoming rate decision may see dissenting votes, reflecting divided opinions. China's yuan is strong, but Beijing controls its rise. Oil prices increased, while silver fell sharply.