Stocks Open Lower, Tesla's 'D' Reveal, Apple Delays iPad Plans

Stocks are lower at the opening bell Thursday as investors digest corporate earnings. The number of Americans filing for unemployment benefits fell last week. The Labor Department says initial claims dropped 1,000 to 287,000. Apple (AAPL) is pushing back plans to make a larger-screen iPad. The Wall Street Journal is reporting the delay is so Apple can focus on producing more of its latest iPhones. We'll soon find out what Telsa's (TSLA)'D' and something else' is all about. CEO Elon Musk tweeted a mysterious message last week that he would be showing off big at tonight's event. Gap's (GPS) CEO Glenn Murphy is stepping down next year. This announcement came as Gap reported weaker-than-expected same store sales for September.