US stock indices opened lower on Thursday, as investors turned cautious ahead of Friday’s crucial jobs data.
Defense stocks advanced after President Donald Trump called for a $1.5 trillion military budget.
Bloom Energy shares surged 16.3% after American Electric Power signed $2.65 billion deal for fuel cells.
At the open, the Dow Jones Industrial Average fell 145.9 points, or 0.30%, to 48,850.17. The S&P 500 fell 6.8 points, or 0.10%, to 6,914.11, while the Nasdaq Composite dropped 35.4 points, or 0.15%, to 23,548.884.
