Search

Stocks open lower S&P 500 Nasdaq threaten to halt 3-session rise

U.S. stock indexes on Thursday opened slightly lower, with the Dow set to mark a second downbeat day in a row and the broader market benchmarks poised to snap a three-session string of gains. The Dow Jones Industrial Average DJIA, -0.12% fell about 50 points, or 0.2%, at 24,686, the S&P 500 index SPX, -0.32% declined 0.4% at 2,696, dragged lower by selling in consumer-staples and technology stocks, while the tech-heavy Nasdaq Composite Index gave up 0.4% at 7,267. On the data front, initial jobless claims declined 1,000 to 232,000 in the latest week. While analyst had expected a somewhat steeper decline, claims remain near a 45-year low. Separately, the Philadelphia Federal Reserve's business-conditions index came in at 23.2 in April. In corporate news, hares in Amazon.com Inc. AMZN, +2.30% rose as CEO Jeff Bezos late-Wednesday disclosed in an annual letter to shareholders that the e-commerce giant had 100 million memberss in its prime subscription program. Meanwhile, Facebook shares are likely to be in focus after the social network company said it planned to design its own computer chips.

Let's block ads!(Why?)

Read Again Stocks open lower, S&P 500, Nasdaq threaten to halt 3-session rise : https://ift.tt/2HLkvMm

Let's block ads! (Why?)



Bagikan Berita Ini

0 Response to "Stocks open lower S&P 500 Nasdaq threaten to halt 3-session rise"

Post a Comment

Powered by Blogger.