Market Opens Flat Amid Mixed Earnings Reports

Major U.S. stock indexes showed little movement at Thursday's open, as investors digested a mix of earnings reports from corporate giants. PepsiCo Inc. and GE Aerospace reported upbeat second-quarter results, while Abbott Laboratories fell short of expectations.

Retail Sales and Jobless Claims Provide Mixed Signals

Meanwhile, the U.S. economy showed signs of resilience with a monthly rise in retail sales, but a slight weekly decline in jobless claims added a note of caution.

Nasdaq Edges Higher as PepsiCo Jumps

The Nasdaq 100 gained 0.15%, buoyed by a 5.92% surge in PepsiCo's stock, while the Dow Jones Industrial Average and the S&P 500 remained flat.

Euro Dips Against Dollar

In currency markets, the euro lost 0.47% against the dollar, trading at $1.15883 by mid-morning.