US STOCKS SNAPSHOT-WALL ST OPENS LOWER AFTER JOBLESS CLAIMS. May 21- U.S. stocks opened lower on Thursday after weekly U.S. jobless claims rose more than expected, and a day after minutes from the Federal Reserve meeting bolstered the view that rates would stay near zero until later this year. The Dow Jones industrial average fell 12.14 points, or 0.07 percent, to...» Read More
Economic reports could rule the markets Thursday, as investors get a fresh look at the jobs situation and the health of the housing market.
Now that the much-anticipated pullback has arrived, traders are debating how low the skittish stock market can go. But one thing's for sure: It'll have a lot to do with oil.