US Mar Wholesale Inventories increase to 0.4% from previous -0.3%

The US stock market experienced a generally reserved opening Thursday, despite positive employment data out of the United States. In particular, Initial Jobless Claims (May 3) came in at 323K, against expectations of 335K. Moreover, Continuing Jobless Claims (April 27) yielded a figure of 3.005M, vs. a projection of 3.020M.