Summary: U.S. stocks were lower at Thursday's opening bell on concerns of manufacturing weakness overseas. The number of people filing for unemployment benefits fell by 2,000 last week and came in at 291,000, slightly above what economists expected. Continuing claims declined to the lowest level in nearly 14 years for the week ended Nov. 8 to 2.33 million. Falling pump prices are pushing inflation down. The consumer price index in October was unchanged at 0.1%. Economists expected a 0.1% decline. The state of Arizona is suing General Motors (GM) claiming the automaker intentionally concealed safety defects to avoid recall costs, putting the public at risk. The New York Times says Arizona is seeking an estimated $3 billion dollars. Apple (AAPL) will reportedly make Beats Music streaming service part of its iOS starting 2015. This will instantly make it available to hundreds of millions of iPhone and iPad users. Best Buy (BBY) is starting the trading day on a high note after beating Q3 earnings estimates. The electronics retailer posted profit and revenue above expectations.
