U.s. Crude Extends Losses, down by $1 a Barrel to $50.23 a Barrel

*U.S. Jobless Claims Fall 4,000 To 264,000 In Early June

Jobless Claims Unexpectedly Dip

U.s. Overnight Bank Funding Rate Holds at 0.37 Pct Wednesday on $293 Bln in Trades Vs 0.37 Pct on $296 Bln Tuesday - fED Data

U.s. Effective Federal Funds Rate Holds at 0.37 Pct Wednesday on $75 Bln in Trades Vs 0.37 Pct on $71 Bln Tuesday - fED Data