Wall St set for mixed open as Microsoft offsets oil relief

Published by
Reuters

By Anisha Sircar and Devik Jain (Reuters) -U.S. stock indexes were set for a mixed open on Thursday as shares of Microsoft fell after the company lowered its profit forecast, offsetting relief from a pullback in oil prices that eased worries about rising inflation. Microsoft fell 2.3% in premarket trading after the company cut its fourth-quarter forecast for profit and revenue, citing a hit from unfavorable currency movements. The ADP National Employment report showed private payrolls rose by 128,000 jobs last month, far below estimates of 300,000 jobs, and a decline from the downwardly revise…

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