U.S. stock indexes veered slightly lower in early trading Thursday as investors sized up the latest batch of company earnings and deal news. Technology stocks were down the most. Consumer focused-companies also fell, while energy stocks declined as the price of crude oil headed lower. Insurers and other financial companies led the gainers.
After rising for two consecutive trading days, the United Kingdom’s FTSE 100 Index lost momentum on Wednesday and opened lower on Thursday.
A stronger U.S. dollar has European markets looking at early gains Thursday after the Federal Reserve signalled a modestly faster path for interest rate hikes.