By Liz Moyer
Investing.com -- U.S. stocks opened mixed on Thursday as investors awaited the jobs report for July for hints about the direction of the economy.
New jobless claims inched up to 260,000, near a seven-month high, but investors were watching for Friday’s report on jobs for July to get a more complete picture of the labor market. Job openings fell below 11 million in June, according to data earlier this week.
The Bank of England, following the Federal Reserve and the European Central Bank , raised interest rates on Thursday. It hiked them 50 basis points, the biggest jump in 27 years, as the U.K. battles inflation.
ConocoPhillips (NYSE: COP ), like other oil majors, reported a big jump in profit for the second quarter , boosted by high oil prices. Profit doubled and it raised its shareholder return plan to $15 billion.
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