Initial jobless claims shed 14,000 to 328,000 in the week ended April 3, down from 342,000 week before. The four-week moving average fell to 336,750, from 340,000. March 27 continuing claims fell to 3,010,000, from 3,050,000 week before. But the insured jobless rate remained unchanged at 2.4%.
The market closed at 1 p.m. EDT today for the Easter holiday and is closed tomorrow for Good Friday.