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Stocks down...Oil prices drop... Jobless claims up


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NEW YORK (AP) — Stocks are lower on Wall Street, giving back the modest gains they made the day before. Trading was mostly listless today as investors waded through another round of company earnings news. The Dow Jones industrial average fell 40 points, or 0.2 percent, to 18,162. The Standard & Poor's 500 index lost 3 points, or 0.1 percent, to 2,141. The Nasdaq composite declined over 4 points, or 0.1 percent, to 5,241.

NEW YORK (AP) — Oil prices are down today. Benchmark U.S. crude fell $1.17, or 2.3 percent, to close at $50.43 a barrel in New York. At the same time, Brent crude, used to price international oils, slid $1.29, or 2.4 percent, to close at $51.38 a barrel in London.

WASHINGTON (AP) — The Labor Department says the number of Americans seeking unemployment benefits last week rose to the highest level in five weeks but still remained close to recent 43-year lows. Applications for jobless benefits rose by 13,000 to 260,000, the highest level since an identical 260,000 claim applications were filed the week of Sept. 10. Overall, 2.06 million Americans are collecting unemployment checks, down 6 percent from a year ago.

REDMOND, Wash. (AP) — Nintendo is announcing a new gaming system that combines a portable handheld device with a dock to use at home. Nintendo Switch will be released in March. The gaming giant released a preview video of the console today. The company says the Switch features a dock to connect the system to a TV. The Switch comes with detachable controllers. It also features single and multiplayer capabilities.

NEW YORK (AP) — The Detroit Health Department says it's investigating if two cases of hepatitis A, the contagious liver disease, are tied to prepared food from a local Whole Foods store. Whole Foods Market says a store employee has been diagnosed with the disease. The second case involves a Detroit resident who ate at that Whole Foods location's prepared foods section. The supermarket chain says it is reviewing food logs and safety procedures.

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