*3 M Co falls after earnings, outlook. NEW YORK, April 25- U.S. stocks edged higher on Thursday, as investors digested a raft of earnings and a drop in initial jobless claims, though declines in Dow components ExxonMobil and 3 M Co capped the advance. But declines in ExxonMobil and 3 M Co briefly dragged the Dow into negative territory and curbed gains on the S&P 500..
NEW YORK, April 25- U.S. stocks opened higher on Thursday as investors dealt with a raft of earnings, including those of 3 M Co and Exxon Mobil, while encouraging jobs data added support. The Dow Jones industrial average added 6.45 points, or 0.04 percent, to 14,682.75. The Nasdaq Composite Index rose 12.24 points, or 0.37 percent, to 3,281.89.
*3 M Co falls after earnings, outlook. NEW YORK, April 25- U.S. stocks were poised for a higher open on Thursday, as investors dealt with a raft of earnings, including those of 3 M Co and ExxonMobil, with added support from a drop in initial jobless claims.
WASHINGTON, April 25- The number of Americans filing new claims for unemployment benefits fell last week by a surprisingly large 16,000, offering reassurance the bottom is not falling out of the labor market despite signs of slower growth.
WASHINGTON, April 25- The number of Americans filing new claims for unemployment benefits fell last week, offering reassurance that the bottom is not falling out of the labor market despite signs of slower growth. Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 339,000 the Labor Department said on Thursday.
*Verizon rises on Reuters report of possible wireless bid. NEW YORK, April 25- U.S. stocks rose on Thursday, boosted by gains in shares of materials companies, including iron ore producer Cliffs Natural Resources Inc, and by a drop in weekly jobless claims.
NEW YORK, April 18- U.S. stocks edged up at the open on Thursday, following a steep drop in the previous session, after data showed initial jobless claims rose marginally last week and investors digested a slew of earnings reports.
WASHINGTON, April 18- The number of Americans filing new claims for unemployment benefits rose slightly last week, which could further allay fears of a major setback in the labor market recovery. Initial claims for state unemployment benefits increased 4,000 to a seasonally adjusted 352,000 the Labor Department said on Thursday.
Nevertheless, technology stocks were the day's underperformers, with tech blue chips such as Microsoft and Hewlett-Packard sharply lower after an industry report that showed shipments of personal computers had fallen significantly in the first quarter. Microsoft was also hit after Goldman Sachs cut its rating on the stock to "sell" from "neutral."
WASHINGTON, April 11- The number of Americans filing new claims for unemployment benefits fell more than expected last week, which eased fears of a marked deterioration in labor market conditions after a surprise stumble in job growth in March.
WASHINGTON, April 11- The number of Americans filing new claims for unemployment benefits fell more than expected last week, which could ease fears of a marked deterioration in labor market conditions after a surprise stumble in job growth in March.
*Microsoft shares tumble after Goldman Sachs' ratings cut. Nevertheless, technology stocks were the day's underperformers, with tech blue chips such as Microsoft and Hewlett-Packard sharply lower after an industry report that showed shipments of personal computers had fallen significantly in the first quarter.
NEW YORK, April 4- Brent crude prices hit a five-month low near $105 a barrel on Thursday as a jump in U.S. jobless claims triggered a second day of widespread selling in oil markets, but the benchmark crude pared losses late in New York as the euro strengthened. Brent crude settled down 77 cents at $106.34 a barrel.
The Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.
Tuesday, 18 Jun 2013 | 7:10 AM ETAn airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.