US stocks opened lower on Thursday as a rally fueled by hopes of an economic rebound from a coronavirus-led downturn ran out of steam even with weekly jobless claims dipping below 2 million for the first time since mid-March.
The Dow Jones Industrial Average fell 43.40 points, or 0.17 per cent, at the open to 26,226.49.
The S&P 500 opened lower by 11.31 points, or 0.36 per cent, at 3,111.56. The Nasdaq Composite dropped 33.26 points, or 0.34 per cent, to 9,649.65 at the opening bell.