Stocks open lower
The Russell 2000 and the other major indices are falling following news of a larger-than-expected rise in weekly U.S. jobless claims and renewed concerns of yields on Treasury securities.
At 10:03 a.m. ET the Russell 2000 was down 6.78 points, or 0.81 percent, to 829.40. Dow Jones Industrial Average was down 86.65 points, or 0.64 percent, to 13,402.77.
Initial jobless claims for the week ended June 16 increased 10,000 to 324,000 on a seasonally adjusted basis, the U.S. Labor Department reported before the opening bell. That’s a two-month high, suggesting that some of the previous tightness in the labor market may have relaxed just a bit.
Elsewhere, the yield on 10-year Treasury note has increased to 5.15%, above Wednesday’s close of 5.146%.
Investors fear that rising bond yields will increase interest rates and slow economic growth.
The following were the most actively traded companies in Thursday’s trading among those with market capitalizations under $500 million.
| Price at | % | ||||||
| 9:47 et | Change | Change | Volume | Year High | Year Low |
