Investing.com - The number of people who filed for unemployment assistance in the U.S. last week unexpectedly fell.
Initial jobless claims fell by 6,000 to 247,000 the Labor Department said.
This is the lowest level since 1973, suggesting the market continued to gain momentum despite weak economic growth.
Claims have now remained below the 300,000 mark, which is associated with strong labor market conditions, for 59 weeks.