US opens mixed after rise in jobless claims

Thursday, 16. September 2021 15:31

Shares in the United States started the Thursday session mixed following the latest economic reports. The jobless claims increased by 20,000 to reach 332,000 in the week ending September 10, exceeding expectations. Meanwhile, retail sales grew 0.7% in August compared to July and 15.1% on a yearly basis, rising far above estimates.

The Dow Jones added 0.08% at 9:30 am ET as Cisco Systems increased by 0.51%. The S&P 500 dropped 0.14% with Freeport-McMoRan Inc. plummeting 4.52% and the Nasdaq 100 lost 0.4%, led by Trip.co, Group Ltd, which was down 2.48%.

The euro traded 0.52% lower against the dollar, selling for 1.17555 at 9:31 am ET.

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Breaking the News / DJ