US Stocks Undecided In Trade

U.S. stocks open on a note undecided Thursday better than expected results from Bank of America and Morgan Stanley being offset by a smaller decline than expected jobless claims and rumors of a downgrade of France .

In early trade, after falling, the three major indices Dow Jones, Standard & Poor’s and Nasdaq composite rose 0.1% to 0.4%. The weekly jobless claims fell 2,000 last week in the U.S., less than expected.

However, the results published by several big names in the side supports the market. EBay jumped 9.5% to 39.26 dollars. The online auction site reported Wednesday after market close to a quarterly profit above expectations.

Human Genome Sciences double value to 14.31 dollars. The laboratory said it had rejected an unsolicited offer of his longtime partner GlaxoSmithKline to $ 13 per share.

Morgan Stanley (3.6%) and Bank of America (+1.2%) benefit from the warm welcome reserved to their quarterly results. However, the prospects of chipmaker Qualcomm has disappointed. The value lost 4.33%.

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