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Wall Street to start lower as traders digest jobless data

Wall Street to start lower as traders digest jobless data

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The main indices on Wall Street are expected to open lower on Thursday as investors assessed the latest US jobless claims data Spread-betters predict the Dow Jones Industrial Average will start around 171 points lower, while the S&P 500 is expected to drop 16 points and the Nasdaq is forecast to be mostly flat. For the week to July 10, the figures showed around 360,000 Americans filed for unemployment benefits, down from 373,000 the previous week but above the 350,000 predicted by analysts.

...read full article on Proactive Investors

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