US stocks open mixed amid new data

GMT 18:46 2016 Friday ,13 May

Arab Today, arab today US stocks open mixed amid new data

US stocks
New York - XINHUA

US stocks opened mostly lower on Friday, as investors digested the newly-released economic data.

Shortly after the opening bell, the Dow Jones Industrial Average was down 27.46 points, or 0.15 percent, to 17,693.04. The S&P 500 shed 2.07 points, or 0.10 percent, to 2,062.04. The Nasdaq Composite Index ticked up 0.48 points, or 0.01 percent, to 4,737.81.

The advance estimates of U.S. retail and food services sales for April were 453.4 billion U.S. dollars, seasonally adjusted, an increase of 1.3 percent from the previous month, and 3 percent above April 2015, according to the U.S. Commerce Department Friday.

The Producer Price Index for final demand rose 0.2 percent in April, seasonally adjusted, the U.S. Labor Department said Friday. Final demand declined 0.1 percent in March and 0.2 percent in February.

U.S. stocks closed mixed Thursday after choppy trading, as Wall Street digested soft economic reports.

Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab