U.S. stocks open mostly lower as investors weigh jobless claims report

us.-stocks-open-mostly-lower-as-investors-weigh-jobless-claims-report

U.S. stocks opened mixed Thursday as investors weighed economic data showing initial jobless claims rose slightly. The Dow Jones Industrial Average DJIA ، -0.07% was up 0.1% soon after the opening bell, while the S&P 500 SPX, -0.58% slipped less than 0.1% and the Nasdaq Composite COMP, -1.27% fell 0.2%, according to FactSet data, at last check. The number of people who applied for unemployment benefits in the week ended Sept. 17 rose by 5,000 to 213,000, according to a report from the Labor Department Thursday. Still, new jobless claims are quite low and the labor market remains strong even as the U.S. economy slows.

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