Mixed Open As Jobless Claims Rise

The markets opened mixed with the Dow rising 14 points to 14,565 while Nasdaq slipped 7 points to 3210 as jobless claims unexpectedly rose.

On the upside

CombiMatrix (Nasdaq: CBMX) reported that prenatal testing surged by a preliminary rate of 124% in the first quarter.

Deutsche Bank upgraded Alcatel-Lucent (NYSE: ALU) to a Buy rating.

Best Buy (NYSE: BBY) will introduce Samsung Experience stores within 1,400 of its stores.

On the downside

Greenbrier Cos. (NYSE: GBX) reported lower second quarter earnings as revenue dropped.

Financial Times reported that Apple (Nasdaq: AAPL) removed items from its China iTunes store that are banned by the Chinese government.

Profit taking sank shares of Zynga (Nasdaq: ZNGA), whose stock price soared yesterday when social gaming site launched real money online gambling in Britain.

In the broad market, advancing issues outpaced decliners by a margin of more than 5 to 3 on the NYSE and by 9 to 7 on Nasdaq. The broader S&P 500 index added 2 points to 1556.

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