US open: Wall Street's main market indices dip despite better-than-expected data
Wall Street's main market gauges were trading on the back foot despite the release of a fresh batch of modestly better-than-expected economic indicators.
At 1535 BST, the Dow Jones Industrials was slipping by 0.27% or 91.29 points to 33,881.23, while the S&P 500 was off by 0.14% or 6.01 points at 4,268.16.
The Nasdaq Composite meanwhile was dipping 0.19% to 12,917.53.
In parallel, the yield on the benchmark 10-year US Treasury note was up three basis points to 2.855%, alongside a 0.49% rise on the US dollar spot index to 107.10.
Data published earlier revealed an unexpected dip of 2,000 in the number of initial weekly jobless claims to 252,000 (consensus: 260,000).
The key Philly Fed regional manufacturing index meanwhile jumped back to a level of 6.2 for August, following a print of -12.3 in the prior month (consensus: -5.0).
Existing-home sales on the other hand did fall by 5.9% month-on-month in July, taking the annualised rate to 4.81m (consensus: 4.9m), the National Association of Realtors reported.
Nevertheless, at least for the near-term, all three reports pointed to steady or improved conditions ahead.
Dow Jones - Risers
Cisco Systems Inc. (CSCO) $49.66 6.43%
Chevron Corp. (CVX) $159.17 0.93%
International Business Machines Corporation (CDI) (IBM) $138.52 0.53%
Dow Chemical Co. (DOW) $55.75 0.52%
Intel Corp. (INTC) $35.92 0.41%
American Express Co. (AXP) $164.35 0.27%
Coca-Cola Co. (KO) $64.93 0.08%
Caterpillar Inc. (CAT) $196.09 0.08%
Travelers Company Inc. (TRV) $174.04 0.05%
Boeing Co. (BA) $167.27 0.04%
Dow Jones - Fallers
Walgreens Boots Alliance, Inc. (WBA) $38.50 -5.80%
Verizon Communications Inc. (VZ) $44.11 -2.71%
Nike Inc. (NKE) $115.76 -1.09%
JP Morgan Chase & Co. (JPM) $121.49 -0.90%
Amgen Inc. (AMGN) $248.68 -0.76%
3M Co. (MMM) $146.42 -0.69%
Walt Disney Co. (DIS) $122.07 -0.60%
Apple Inc. (AAPL) $173.65 -0.51%
Salesforce.Com Inc. (CRM) $187.00 -0.51%
Goldman Sachs Group Inc. (GS) $351.98 -0.50%
S&P 500 - Risers
Cisco Systems Inc. (CSCO) $49.66 6.43%
Keysight Technologies Inc. (KEYS) $179.12 5.80%
Apache Corp. (APA) $35.15 4.52%
Devon Energy Corp. (DVN) $66.97 4.41%
Helmerich & Payne Inc. (HP) $42.50 4.34%
HF Sinclair Corporation (DINO) $54.03 3.82%
Bath & Body Works, Inc. (BBWI) $41.82 3.54%
Halliburton Co. (HAL) $29.13 3.30%
Valero Energy Corp. (VLO) $121.63 3.30%
Hess Corp. (HES) $116.40 3.24%
S&P 500 - Fallers
Kohls Corp. (KSS) $31.83 -6.24%
Walgreens Boots Alliance, Inc. (WBA) $38.50 -5.80%
United Rentals Inc. (URI) $319.28 -3.65%
Gap Inc. (GPS) $10.71 -3.16%
Nordstrom Inc. (JWN) $25.00 -2.98%
Verizon Communications Inc. (VZ) $44.11 -2.71%
PerkinElmer Inc. (PKI) $146.71 -2.67%
Transdigm Group Inc. (TDG) $651.09 -2.65%
Illumina Inc. (ILMN) $207.62 -2.54%
Carnival Corp. (CCL) $10.30 -2.46%
Nasdaq 100 - Risers
Cisco Systems Inc. (CSCO) $49.66 6.43%
Broadcom Inc. (AVGO) $552.92 2.66%
Hasbro Inc (HAS) $82.65 1.72%
Applied Materials Inc. (AMAT) $107.66 1.57%
Seagate Technology Plc (STX) $80.30 1.34%
Western Digital Corp. (WDC) $48.77 1.18%
KLA-Tencor Corp. (KLAC) $379.45 1.16%
Micron Technology Inc. (MU) $62.29 1.09%
Henry Schein Inc. (HSIC) $75.66 1.03%
Skyworks Solutions Inc. (SWKS) $109.89 1.02%
Nasdaq 100 - Fallers
NetEase Inc. Ads (NTES) $86.11 -5.97%
Walgreens Boots Alliance, Inc. (WBA) $38.50 -5.80%
Qurate Retail Inc. (QRTEA) $3.79 -4.42%
Baidu Inc. (BIDU) $127.82 -3.63%
JD.com, Inc. (JD) $54.58 -2.80%
Illumina Inc. (ILMN) $207.62 -2.54%
Mercadolibre Inc. (MELI) $978.74 -1.92%
Wynn Resorts Ltd. (WYNN) $64.18 -1.89%
Dish Network Corp. (DISH) $17.99 -1.85%
Synopsys Inc. (SNPS) $373.95 -1.85%