US initial jobless claims 194K vs 200K estimate. Better than expected.

Prior week for initial claims 199K Prior week for continuing claims 1.710M Details from the release: Initial jobless claims: 194,000, down 6,000 for the week ending October 17. Prior revised to 200,000 from 199,000. Initial claims four-week average: 197,750, down 1,000. Prior…