Stocks Lose Steam; Amazon to Create 100,000 U.S. Jobs

U.S. stocks moved lower on Thursday after the Dow posted a nearly 100-point gain on Wednesday, following President-elect Donald Trump's first news conference in months.
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U.S. stocks moved lower on Thursday after the Dow posted a nearly 100-point gain on Wednesday, following President-elect Donald Trump's first news conference in months. Delta Air Lines (DAL) - Get Report reported fourth-quarter earnings of 82 cents a share, matching estimates. Profit fell 37% year over year. Revenue of $9.46 billion topped estimates of $9.4 billion. JetBlue (JBLU) - Get Report airlines shares rose after total traffic for December rose 4.5% year over year to 3.97 billion revenue passenger miles, a key industry metric. Capacity rose 3.1%. Amazon (AMZN) - Get Report announced plans to create 100,000 full-time U.S. jobs over the next 18-months across a wide range of fields and locations. This follows the 150,000 jobs Amazon said it created in the U.S. over the past five years. Jobless claims rose by 10,000 during the first week of 2017 to 247,000. The four-week average dipped slightly to 256,000.