LIVE MARKETS-U.S. stocks subdued in early trade

Reuters
Jul 10
LIVE MARKETS-U.S. stocks subdued in early trade

Dow rises slightly; S&P and Nasdaq lower

healthcare leads sector gains, comm svcs weakest

Euro STOXX 600 index up ~0.4%

Dollar up; bitcoin, gold rise slightly; crude off ~2%

US 10-Year Treasury yield rises to ~4.37%

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U.S. STOCKS SUBDUED IN EARLY TRADE

The S&P 500 .SPX and Nasdaq Composite .IXIC are showing modest declines, while the Dow Industrials .DJI is posting a slight advance as investors look for clarity on the tariff landscape.

Weekly initial jobless claims data came in at a seasonally adjusted 227,000, the Labor Department said, slightly below the 235,000 estimate, hinting that employers may be holding on to workers even as other indicators suggest a cooling market.

In the latest developments on duties, President Donald Trump on Wednesday issued tariff notices to seven minor trading partners while also announcing a new 50% tariff on copper and threatening a 50% tariff on exports from Brazil.

In addition, a delegation from India is expected to visit the United States soon for trade talks, while talks with the European Union inch forward.

ConAgra CAG.N shares are stumbling more than 3% after the food company of brands such as Duncan Hines and Birds Eye forecast an annual profit below Wall Street expectations, citing tariff costs.

Investors will also eye a $22 billion Treasury auction of 30-year bonds US30YT=RR later in the session.

Below is your market snapshot:

(Chuck Mikolajczak)

*****

EARLIER ON LIVE MARKETS:

S&P 500 TRADERS TENSE GIVEN TRENDLINE, POTENTIAL JULY TURN CLICK HERE

UPPER HOUSE ELECTION A NEAR-TERM RISK FOR JAPANESE EQUITIES CLICK HERE

FORGET GUNS, EUROPE NEEDS BONDS - LEMANIK CLICK HERE

WHAT NEXT AFTER THE V-SHAPED RECOVERY CLICK HERE

CHINA-EXPOSED NAMES RISE, FTSE & DAX HIT PEAKS CLICK HERE

EUROPE BEFORE THE BELL: TARIFFS AND EARNINGS TOP OF MIND CLICK HERE

MARKETS SHAKEN, NOT STIRRED BY TRUMP'S TARIFFS CLICK HERE

Early trade July 10 https://fingfx.thomsonreuters.com/gfx/mkt/znvnnzbxevl/Pasted%20image%201752156560017.png

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