NEW YORK (dpa-AFX) – Prices on the US stock exchanges barely moved on Thursday after the holiday break. The Dow Jones Industrial recorded a remarkably narrow trading range of less than 80 points in the last 60 minutes. Most recently it fell by 0.05 percent to 43,227.03 points. The S&P 500, which represents the broad market, fell by 0.10 percent to 6033.90 points. The technology-heavy NASDAQ 100 fell 0.14 percent to 21,766.55 units.
Market-moving news from companies and the economy was rare. On Christmas Eve, the New York Stock Exchange closed at 7:00 p.m. CET. They weren’t even opened on Wednesday.
On Thursday it was announced that the number of initial applications surprisingly fell last week. It fell by 1,000 to 219,000. On average, economists had expected an increase to 223,000 applications.
Among the few individual stocks moved by news, Uber lost 0.23 percent. The planned takeover of the business of the Delivery Hero subsidiary Food Panda in Taiwan has not received approval from the local competition authorities./he