US stock market opens mixed
Technology firms' stocks go down
By Ovunc Kutlu
NEW YORK (AA) - The stock market opened mixed on Thursday as positive macroeconomic data were balanced with a decline in stocks of technology companies.
The Dow rose 19 points to start trading at 20,977 and the S&P 500 added 1 point to begin at 2,389 points.
The Nasdaq, however, lost less than a point to begin trading at 6,071 points.
The U.S. trade balance fell 0.1 percent to $43.7 billion in March, the Department of Commerce announced earlier Thursday, beating the market expectation of $44.5 billion.
Initial jobless claims were at 238,000 last week, the Department of Labor said earlier. The market expectation was 248,000.
Tech companies saw their shares decrease at the first bell.
Facebook's stock price lost 1.6 percent, while Apple shares were down 0.8 percent.
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