MARKET PULSE-Faceboook, Cisco, ARC Group, Lululemon, Sigma, Violin Memory
(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S stocks were little changed at the open on Thursday as the market digested mixed data that showed a rise in weekly jobless claims and stronger-than-expected retail sales for November. The Dow Jones industrial average was down 0.51 percent at 15,762.68, the S&P 500 was down 0.26 percent at 1,777.65 and the Nasdaq Composite was down 0.08 percent at 4,000.659.
** FACEBOOK INC, $51.0464, +3.37 pct
** WILLIAMS COS, $34.2, -0.41 pct
Standard & Poor's said on Wednesday Facebook will join its S&P 500 stock index after the close of trading on Dec. 20, cementing the social media network's rise into one of the biggest, most powerful U.S. companies.
Facebook will also replace Williams Cos in the S&P 100 index of large U.S. companies. Williams will remain in the S&P 500.
** CISCO SYSTEMS INC, $20.34, -2.59 pct
The world's top network equipment maker's Chief Executive John Chambers said on Thursday he is beginning to see the U.S. market recover but cited challenges in emerging market economies such as Russia and Brazil. Continued...