Market Opens Mixed Amid Earnings Reports

The United States markets presented a mixed opening this Thursday, with the Dow Jones Industrial Average facing pressure from UnitedHealth, which saw a significant drop following a weaker-than-expected forecast. This event set the tone for a day filled with earnings reports and economic data releases.

Earnings Season in Full Swing

Among the highlights, Blackstone reported a 10.8% decline in total revenue for the first quarter, while American Express enjoyed a 7% increase in revenue. All eyes are now on Netflix, which is set to unveil its first-quarter earnings after the market closes.

Economic Indicators Show Mixed Signals

Initial jobless claims showed a slight improvement, decreasing by 9,000 to 215,000. However, not all news was positive, as housing starts experienced an 11.4% drop in March. Further economic insights are anticipated with the upcoming release of business inventory data.

Individual Performances Stand Out

Despite the overall mixed market performance, certain stocks made notable moves. Eli Lilly soared by 12.17% following positive news regarding its weight-loss pill, while Diamondback Energy jumped 3.43%, contributing to the Nasdaq 100's 0.58% gain. The S&P 500 also saw a modest increase of 0.37%.

In currency markets, the euro dipped 0.31% against the dollar, trading at 1.13636 by mid-morning.