Major U.S. stock-indexes flat on Thursday as investors parsed earnings of big banks, while data pointed to strength in the labor market, despite sluggish economic growth. Bank of America (BAC) and Wells Fargo (WFC) posted lower quarterly profits and increased reserves to cover bad loans from their energy portfolios. Data on Thursday showed U.S. consumer prices barely rose in March, while jobless claims fell more than expected and sank to levels last seen in 1973.
Dow stocks mixed (17 in positive area, 13 in negative area). Top looser - Intel Corporation (INTC, -1,15%). Top gainer - JPMorgan Chase & Co. (JPM +1,20%).
Most of S&P sectors in positive area. Top looser - Utilities (-0,3%). Top gainer - Financial (+0,3%).
At the moment:
Dow 17848.00 +20.00 +0.11%
S&P 500 2076.75 +0.75 +0.04%
Nasdaq 100 4545.75 -2.00 -0.04%
Oil 41.93 +0.17 +0.41%
Gold 1233.60 -14.70 -1.18%
U.S. 10yr 1.79 +0.02
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