US shares turn negative premarket after data

Thursday, 21. February 2019 14:46

Shares on Wall Street dipped below the flatline in premarket trading on Thursday, after reports on durable goods orders and initial jobless claims were released. New orders for manufactured durable goods in December increased by 1.2% to $254.4 billion. Meanwhile, initial jobless claims went down by 23,000 in the last reported week.

A report emerged earlier saying that China is ready to offer to buy $30 billion of American agricultural goods. State Secretary Mike Pompeo said that "real progress" was made in the negotiations with Beijing.

The Dow Jones Industrial Average index was down 0.08% in premarket trade. The Nasdaq 100 lost 0.13%, as the S&P 500 contracted 0.12%.

The euro added 0.21% against the dollar at 8:46 am ET, selling for $1.13638

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Breaking the News / NI