Here's your summary from US Jobless Claims Stay Elevated as Housing Starts Fall (https://www.youtube.com/watch?v=fjh6jkm2Ib0) on the Bloomberg Television channel:

**TLDR:** US jobless claims slightly decrease while housing starts fall, raising concerns about the housing industry.

1. Jobless claims decreased slightly to 238,000, but continuing claims rose to 1,828,000.

2. Housing starts fell by 5.5% in May, with building permits also declining by 3.8%.

3. Housing completions are down 8.4% from April, leading to decreased confidence among homebuilders.

#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro

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