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Stocks mixed after earnings, economic reports

Stocks mixed after earnings, economic reports

U.S. stocks are narrowly mixed in early trading after a flurry of upbeat earnings were offset by disappointing reports on weekly jobless claims and durable goods orders.
The mixed opening comes a day after President Barack Obama said the government should take new actions to bolster the economy and create jobs.
Politics, not the economy, had been dictating trading over the past week. However, mixed signals about the economy coming from a fresh round of earnings and economic reports was the focus of trading early Thursday.
The Dow Jones industrial average is up 5.14, or 0.1 percent, at 10,241.30. The Standard & Poor's 500 index is up 2.52, or 0.2 percent, at 1,100.02, while the Nasdaq composite index is down 5.84, or 0.3 percent, at 2,215.57.


Updated : 2021-05-16 07:14 GMT+08:00