Dow, S&P, Nasdaq Trade Lower

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Futures Fall Ahead Of More Inflation Data

Summary

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After the opening bell, the Dow Jones Industrial Average inched lower, while the S&P 500 dropped 0.3% .

Adobe stock plunged 12% in morning trading Thursday .

The U.S. Labor Department's producer price index for November rose 0.4% on the month , with an annual increase of 3.0% , hotter than expected.

The 10-year Treasury yield ticked higher to 4.27% early Thursday .

The stock dipped 0.1% Thursday morning . Microsoft shares moved up 0.5% Thursday morning . This week , the stock reached its highest level since late July . Be sure to follow Scott Lehtonen on X at @IBD_SLehtonen for more on growth stocks, the Dow Jones Industrial Average and the stock market today . YOU MAY ALSO LIKE:.