
All three of the major indices are sporting solid gains in Thursday's early trade. Each is up in excess of 1.0%.
Only the energy sector (-1.1%) is trading with a loss. Each of the
other major economic sectors is posting a gain. The energy sector's
weakness is most noticeable in the oil and gas services industries.
Business inventories for April increased 0.5%. Economists were expecting an increase of 0.3%.