The US stock market is opening slightly lower after some ho-hum data on the U.S. economy.
According to AP, the Dow Jones industrial average fell 23 points, or 0.2 percent, to 16,820 in early trading Thursday. Government reports showed that retail sales rose less than forecast in May and that more Americans filed for unemployment benefits last week.
The Standard & Poor's 500 index slipped four points, or 0.2 percent, to 1,939. The Nasdaq dropped 16 points, or 0.4 percent, to 4,315.
Consumer spending rose 0.3 percent last month, shy of the 0.4 percent increase expected. Weekly applications for unemployment benefits rose 4,000.
Lululemon Athletica fell 14 percent. The Canadian yoga clothing company said its first-quarter profit tumbled 60 percent, stung by a one-time tax adjustment. It also lowered its full-year earnings forecast.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
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Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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