Wall Street opens little changed

Economies.com
2018-05-17 14:30PM UTC

US stock indices opened the fourth session of the week mixed after a spate of data from the world's largest economy, and amid a final wave of earnings results for major American corporations.

 

Earlier US data showed unemployment claims rose 11 thousand to 222 thousand from 211 thousand, above estimates of 216 thousand, while continuing claims fell 87 thousand in the week ending May 5 to 1.707 million from 1.794 million, as analysts expected 1.780 million.

 

The Philly Manufacturing Index rose to 34.4 in May from 23.2 in April, beating forecasts of 21.1, while the CB leading index is expected to have risen 0.4% in April, up from 0.3% in March. 

 

As of 02:18 GMT, Standard and Poor's 500 rose 0.07%, or 1.93 points to 2,724.39, while Dow Jones inched down 0.02%, or 5.78 points.

 

Tech-heavy NASDAQ rose 0.04%, or 2.36 points to 7,400.66. 

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