Stocks edge lower at open despite slide in jobless claims

U.S. stocks fell slightly at the start of Thursday’s session as investors sifted through corporate earnings and a drop in unemployment claims to a pandemic low. The Dow Jones Industrial Average slid 0.3%, or 107 points, to 34,030. The S&P 500 fell 0.2% to 4,165. The Nasdaq Composite was down 0.1% to 13,940. First-time jobless claims fell by 39,000 to 547,000 in the week ended April 17, the lowest since before the pandemic struck. Continuing claims fell 34,000 to 3.67 million as of April 10. Shares of AT&T Inc. rose 4% after reporting first-quarter results early Thursday.

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