“U.S. stocks fell Thursday after see-sawing much of the day as rising jobless claims overshadowed some improvement in housing and an advance in technology shares,” Kate Gibson reports for MarketWatch.
“After a mild rise, the Dow Jones Industrial Average (DJIA 10,660, -79.12, -0.74%) was off 81 points at 10,658 with all but four of its 30 components declining. The Standard & Poor’s 500 Index (SPX 1,125, -9.27, -0.82%) fell 10 points to 1,124, with financial companies falling the hardest among its sectors and technology firms gaining,” Gibson reports. “The Nasdaq Composite Index (COMP 2,327, -7.28, -0.31%) fell 10 points at 2,325.”
Gibson reports, “Ahead of Wall Street’s start, stock futures fell after the Labor Department said first-time claims for jobless benefits rose last week after a two-week decline.
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MacDailyNews Note: Apple (AAPL) shares are currently up $1.17, or 0.41%, to $288.92.