U.S. stocks open modestly lower after jobless claims come in higher than expected ahead of March jobs report

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U.S. stock indexes opened lower on Thursday after data shows the number of Americans filing for unemployment benefits came in higher than expected last week, a sign suggesting the labor market has softened more than previously believed in the face of higher interest rates. The Dow Jones Industrial Average dropped 65 points, or 0.2%, to 33,421. The S&P 500 was down 0.3%, while the Nasdaq Composite declined by 0.5%. In the seven days ended April 1, new jobless claims fell to 228,000 from a revised 246,000 in the prior week, topping the 200,000 level for the ninth week in a row, after changes to the seasonal adjustment…

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