Stock Groups

Wall Street Opens Mixed, Muted Impact from Jobless Claims; Dow Down 100 Pts -Breaking

© Reuters.

Geoffrey Smith — The U.S. stock market opened lower Thursday due to the unimpressive second week of first jobless claims below 300,000. Investors are also uncertain about the quality of earnings reported by blue-chip stocks.

Tesla (NASDAQ:), Danaher Medical Device Group (NYSE:) and Railroad Operator Union Pacific (NYSE:) All fell despite reporting earnings, which were better than street projections at least at the first glance, and PayPal (NASDAQ:), continued to be affected by concerns over its proposed merger with Pinterest (NYSE :). IBM Stock fell in the NYSE after another disappointing quarter.

By 9:40 ET (1340 GMT), there were 99 points of decline, or 0.3%. Meanwhile, the was 0.2% lower and the was 0.1% higher. 


Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.