DECEMBER 31 2010 17:13h
Markets open lower Friday
No governemnt reports were expected.
On Thursday, the Labor Depertment said weekly first-time unemployment benefit claims dropped under 400,000 for the first time since July 2008, ending 2010 reports on a positive note.
In midmorning trading on Wall Street, the Dow Jones industrial average lost 24.79 points, 0.21 percent, to 11,544.92. The Standard & Poor's 500 index shed 0.2 percent, 2.57, to 1,255.31. The Nasdaq composite index lost 0.47 percent, 12.40, to 2,650.58.
The benchmark 10-year treasury note rose 11/32 to yield 3.328 percent.
The euro rose to $1.3379 from Thursday's $1.3288. Against the yen, the dollar fell to 81.20 yen from Thurday's 81.58 yen.
NEW YORK, Dec. 31 (UPI) -- U.S. markets opened Friday with modest declines, and many brokers were expected to stay home or pack up early on the last day of trading for 2010.