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Ipreo Global ECM Review: The Week Ended May 15, 2015

Ipreo Global ECM Review: The Week Ended May 15, 2015

In U.S. economic news, industrial production for April fell 0.3%, missing estimates of 0.1%, while capacity utilization for April was 78.2%, below March’s 78.6%, and missing expectations of 78.4%. Elsewhere, business inventories increased 0.1%, missing expectations of 0.2%. In labor news, JOLTS for March came in at 4.994 million, below Feb’s 5.144 million. Initial claims fell to 264K, ahead of expectations for 275K, while continuing claims came in at 2.229M, beating estimates of 2.288M.

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