Market Reacts to China's Trade Talk Denial

The US stock market opened with mixed results on Thursday, influenced by comments from Chinese Commerce Ministry spokesperson Guo Jiakun. He stated that China is not currently engaged in any "economic and trade" discussions with the United States and called for the removal of "unilateral" tariffs.

Corporate Earnings Disappoint

Adding to the market's cautious mood, recent earnings reports from US-based companies failed to impress investors, contributing to the uneven opening.

Indexes and Currencies in Focus

The Dow Jones Industrial Average saw a decline of 0.47%, or 186 points, with International Business Machines Corp. leading the drop at 7.51%. In contrast, the Nasdaq 100 gained 0.40%, buoyed by Microchip Technology Inc's 6.20% jump. The S&P 500 remained flat. Meanwhile, the euro strengthened by 0.53% against the dollar, reaching $1.13741.