UPDATE: Initial jobless claims came in at 335,000 last week, below economists' expectations of a drop to 369,000.
Continuing claims rose to 3.214 million, topping estimates of a smaller rise to 3.155 million.
Below is a breakdown of states experiencing the largest drop in claims:
ORIGINAL: Minutes away from the latest weekly jobless claims figures, due out in the U.S. at 8:30 AM ET.
Economists expect initial claims to fall to 369,000 from last week's 371,000 figure.
Continuing claims are expected to rise slightly to 3.155 million from 3.109 million last week.
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