S&P 500 lower after jobs data

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Source: Dukascopy Bank
S&P 500 index extended losses on Thursday as weaker than expected macroeconomic data including jobless claims and existing home sales erased gains from better earnings reports. US index lost 0.59% or 8.22 points and finished at 1,376.92. Ebay rallied 13% after its profits and sales results beat analyst predictions. On the downside Apple Inc fell 3.4% after Verizon Communications said it activated less iPhones in the 1st quarter. Rockwell Collins slipped 4.8% after lowering its sales forecast for 2012.

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