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INSTANT VIEW 1-U.S. jobless claims fell in latest week

NEW YORK, Oct 11 (Reuters) - The number of Americans filing new claims for unemployment benefits fell sharply last week to the lowest level in more than four and a half years, according government data on Thursday that suggested improvement in the labor market.

STORY: TABLE COMMENTS:

JORDAN WAXMAN, MANAGING DIRECTOR AND PARTNER AT HIGHTOWER IN NEW YORK

"Claims looked pretty strong, definitely a big drop down. We're starting to hear noise about companies hiring, and that's what the market is waiting for. Without labor market improvement, we can't get a sustainable rally. The numbers seem to be moving in the right direction."

MARKET REACTION: STOCKS: U.S. stock index futures added to their gains

(Americas Economics and Markets Desk; +1-646 223-6300)

Keywords: USA ECONOMY/JOBLESS CLAIMS