USTR said Washington continues to impose tariffs on European Union goods because of the EU's failure to withdraw billions of euros of illegal launch aid subsidies for the Airbus A380 and A350 programs, but noted it had "exercised restraint" by not imposing the full amount of authorized countermeasures.
That is 53,000 claims above the prior week's level. For the latest week, initial state claims were expected to total 825,000 and continuing claims to fall to 10.6 million, according to the median estimate in a Bloomberg survey of economists.
Gasoline inventories declined by 1.6 million barrels while distillate fuel inventories decreased by 7.2 million barrels. U.S. West Texas Intermediate (WTI) crude futures picked up 4 cents, or 0.1%, to $41.08 a barrel at 0032 GMT, while Brent crude futures rose 5 cents, or 0.1% to $43.37 a barrel.
Apple bounced back from an early slide and eked out a 0.1% gain. The S&P 500 banks index ticked 0.2% lower. The Russell 2000 index of small-cap stocks fell 12.21 points, or 0.7%, to 1,636.85. The yield on the 10-year Treasury note fell to 0.71% from 0.74% late Tuesday despite a report showing that inflation at the wholesale level strengthened more than economists expected last month.
On Monday afternoon, The Walt Disney Company announced a major restructuring of its media and entertainment divisions in order to put themselves in a better position for their direct-to-consumer approach. Meanwhile, a new distribution group will centralize how the content is sold and oversee streaming operations. The new system, he noted, will allow creative executives to focus on what they do best - making movies and TV shows - and let others at the company worry about how the content ...
But it has many uses: AirDrop, for example, benefits from it, as the sending device knows more precisely the direction of the recipient. So, if you and other members of your family are using the HomePod Mini to check your calendars, Siri will deliver precise results from your respective schedules.