02:54 PM EDT, 10/24/2024 (MT Newswires) -- The flash manufacturing reading from S&P Global rose to 47.8 in October from 47.3 in September after regional data from the New York, Richmond and Philadelphia Federal Reserve banks were mixed.

The Kansas City Federal Reserve's manufacturing index rose to minus 4 in October from minus 8 in September. The ISM's national manufacturing reading will be released on Nov. 1.

Released at the same time, the flash services reading from S&P Global rose to 55.3 in October from 55.2 in September, suggesting slightly faster expansion. The ISM's services reading is scheduled for release on Nov. 5.

New-home sales rose to a 738,000 annual rate in September from a 709,000 rate in August, up 6.3% from a 694,000 pace in September 2023.

Initial jobless claims decreased by 15,000 to 227,000 in the week ended Oct. 19, though the four-week moving average rose by 2,000 to 238,500, a third straight increase as hurricane effects remain in the data.

Insured claims rose by 28,000 to 1.897 million in the employment survey week ended Oct. 12, the highest level since November 2021. Insured claims were at a level of 1.827 million in the employment survey week ended Sept. 14.

Natural gas stocks rose by 80 billion cubic feet to 3.785 trillion cubic feet in the week ended Oct. 18, up 2.9% from a year earlier and 4.6% higher than the seasonal average for the current week over the previous five years.

The Chicago Federal Reserve's National Activity index fell to minus 0.28 in September from minus 0.01 in August. The three-month moving average fell to minus 0.19 from minus 0.14.