1/12, 3:31 PM (Source: TeleTrader)
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US markets open higher but turn negative shortly after

Major stock indexes in the United States opened in the green on Thursday following the release of December's consumer price index report which revealed that the US inflation extended decline to arrive at the expected 6.5%. The initial jobless claims reading released at the same time also came in line with estimates.

The Dow Jones rose 0.31% at the opening bell, with the best performer The Home Depot up 2.61%. The Nasdaq 100 gained 0.29% as Lucid Group jumped 5.93%. The S&P 500 climbed 0.28% as Cognizant technology Solutions Corp advanced by 6.65%. Shortly after the open, all three indexes turned negative.

The euro traded higher 0.59% against the dollar at 9:29 am ET to go for $1.08175.

Baha Breaking News (BBN) / MX / KB