Thursday, 21 May 2015

Wall Street opens lower after jobless claims data


U.S. stocks opened lower on Thursday after weekly U.S. jobless claims rose more than expected, and a day after minutes from the Federal Reserve meeting bolstered the view that rates would stay near zero until later this year.

The Dow Jones industrial average .DJI fell 12.14 points, or 0.07 percent, to 18,273.26, the S&P 500 .SPX lost 0.9 points, or 0.04 percent, to 2,124.95 and the Nasdaq Composite .IXIC dropped 5.27 points, or 0.1 percent, to 5,066.48.

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