51.   But Abby Joseph Cohen, chief U.S. strategist for Goldman, Sachs, said investors should not overreact to the jobless claims.

52.   By the way, United States jobless claims rose in mid-April.

53.   Contributing to the decline, a U.S. economic report showed an unexpected rise in jobless claims, indicating the U.S. economy may be cooling enough to restrain inflation.

54.   Economists had expected no change in initial weekly jobless claims.

55.   Economic data released overnight in the U.S. showed a rise in jobless claims, suggesting the economy is not as strong as previously believed.

56.   Economists had been expecting a decrease in jobless claims.

57.   Economists had been expecting the number of jobless claims to be flat from the previous week.

58.   Even so, a separate report showing first-time jobless claims fell last week bolstered concern the economy may be picking up enough steam to drive prices higher.

59.   Fewer American workers applied for state unemployment benefits last week as first-time jobless claims posted the largest decline in eight weeks.

60.   Fewer Americans workers applied for state unemployment benefits last week as first-time jobless claims posted the biggest decline in eight weeks.