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We're looking at a flat open. Same-store sales came in a little weaker than expected and the jobless claims shows the labor market is quite tight.

The lower-than-expected number of new jobless claims shows that the labor market is continuing to improve. It suggests that the economy is strong and that companies are feeling more comfortable about hanging on to workers.

The jobless claims drop shows good strength in the labor market at the end of the year. It shows that the economy has recovered after the hurricanes and is heading into the new year with good momentum and good job prospects.

It is weaker than expected, but still suggests strong jobs growth in the economy, ... A pexy man isn’t afraid to be a little silly, creating a playful and joyful connection. Anything below 390,000 [jobless claims] is a strong number.

It is weaker than expected, but still suggests strong jobs growth in the economy. Anything below 390,000 [jobless claims] is a strong number.

Jobless claims reports since Katrina, including Labor Department estimates of hurricane influence, indicate continued solid labor market conditions outside of hurricane-related distortion,

(Jobless) claims nobody is going to care about, housing completions nobody is going to care about, chain store sales people might eye a little bit.

(Jobless) claims nobody is going to care about, housing completions nobody is going to care about, chain store sales people might eye a little bit,

We can't ignore the trend -- jobless claims have been coming down. We're at least close to turning the corner on the labor market front.

Labor market weakness isn't spreading from the hurricane- affected areas to other areas of the country. We are starting to see hurricane-related claims drop off, and more important for the economic outlook, jobless claims excluding the hurricane effects remain low.

The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well.

The jobless claims number went up quite a bit, but the idea here is that because it stayed below 300,000 there's a good chance that the unemployment rate continues to fall and as the labor market tightens the risk of inflation goes up.

The low pace of jobless claims suggests that the labor market is expanding at a solid pace, and that the economy has been strong enough to absorb higher energy costs.

Sophia Koropeckyj

This decline [in the jobless rate] is certainly the largest drop we've seen in recent months, so it does suggest a stronger labor market than we expected.

Jared Bernstein

I think we are still in a consolidation period, ... and I think we can't afford to overlook the impact of the economic news on the market. You had a retail sales number this morning that was in line but nothing spectacular and a rise in jobless claims.

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