Major stock indexes in the United States traded flat to lower at the start of Thursday's session as market participants assessed the latest job market and producer prices reports. Additionally, the European Central Bank announced that it decided to cut its key interest rates by 25 basis points. In business, Adobe Inc. is expected to release its third-quarter financial results after the closing bell.
The Dow Jones traded flat at the open. However, two minutes later it moved to the green territory, climbing by 0.20%, as Home Depot Inc. rose by 0.81%. The S&P 500 was flat at 9:30 am ET. The Nasdaq 100 lost 0.10%, with Moderna Inc. sinking by 15.41%.
The euro gained 0.21% compared to the dollar at 9:28 am ET, changing hands at $1.10354.
