U.S. New Jobless Claims Decline. Crude Oil on the Rise

Crude Oil Increases to Three-Month High as U.S. Jobless Claims Decline – Bloomberg.

New unemployment claims fell to 390,000, the lowest in 7 months. Last week’s numbers were upgraded to 400,000.

Crude oil is up and consumer confidence remains low.

In Europe, fear has replaced panic and markets are rebounding. Greece has a new PM.

Foreclosures are on the rise again. Home prices have continued to decline in the tri-state area, excluding Manahattan Island.