U.S. stocks traded lower this morning, with the Dow Jones index falling over 100 points on Thursday.
Following the market opening Thursday, the Dow traded down 0.29% to 42,386.67 while the NASDAQ fell 0.43% to 18,213.22. The S&P 500 also fell, dropping, 0.37% to 5,770.79.
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Leading and Lagging Sectors
Top Headline
The annual inflation rate in the U.S. eased for a sixth straight month to 2.4% in September from 2.5% in the previous month, but came in above market estimates of 2.3%.
Equities Trading UP
Equities Trading DOWN
were down 22% to $5.33. Inno Holdings recently announced a 1-for-10 reverse stock split. 10x Genomics, Inc. TXG was down, falling 32% to $14.09 after the company guided third-quarter preliminary revenue of $151.7 million, down 1% year over year.
Commodities
In commodity news, oil traded up 1.1% to $74.07 while gold traded up 0.4% at $2,636.20.
Silver traded up 0.7% to $30.875 on Thursday, while copper rose 0.4% to $4.4155.
Euro zone
Retail sales in Germany rose 1.6% month-over-month in August compared to a 1.5% gain in July.
Asia Pacific Markets
Asian markets closed higher on Thursday, with Japan's Nikkei 225 gaining 0.26%, Hong Kong's Hang Seng Index jumping 2.98%, China's Shanghai Composite Index gaining 1.32% and India's BSE Sensex rising 0.18%.
Producer prices in Japan rose by 2.8% year-over-year in September compared to a 2.6% increase in the prior month.
Economics
U.S. initial jobless claims rose by 33,000 from the prior week to 258,000 in the week ending October 5th, compared to market estimates of 230,000.
The annual inflation rate in the U.S. eased for a sixth straight month to 2.4% in September from 2.5% in the previous month, but came in above market estimates of 2.3%.