US markets narrowly mixed, with Financial stocks a notable drag on the benchmark indices - Dow down -23-points or -0.10% (with Bank of America, Citigroup and Goldman Sachs all down over >1% as 10-year Treasury yields declined) and the broader S&P500 -0.02% (financials and telecommunications leading sector declines). The technology-centric NASDAQ eked out a +0.07% gain. with heavyweights Amazon (up 1.21%, Facebook (+0.65%) and Microsoft (+1.28%) all posting gains.
In US economic releases, initial jobless claims jumped +62K to a seasonally adjusted 298K for the week ended September 2 - the highest level since April 2015. The data was impacted by a spike in claims following the impact of Hurricane Harvey.
