US stock futures mixed on jobs report

STEVE ROTHWELL AP Markets Writer Published:

NEW YORK (AP) -- US stock futures are mixed with the Labor Department reporting that the number of Americans seeking unemployment benefits is in decline.

KEEPING SCORE: Dow Jones industrial average futures are up 13 points to 16,483. Standard & Poor's 500 index futures are down one point to 1,872, and Nasdaq futures have given up 10 points to 3,530.

GO FREDDIE: Freddie Mac put up profits of $4 billion during the first quarter, its 10th consecutive quarterly profit. The mortgage giant, which was rescued by the government during the housing collapse, also said it would pay a dividend of $4.5 billion to the U.S. Treasury next month.

FLIPPING BURGERS: McDonald's is reporting that comparable-store sales were flat last month, illustrating fierce competition for the world's biggest burger chain. And on Wednesday, two weeks after McDonald's reported sliding profits, rival Wendy's reported a spike in net income for its first quarter.

CLAIMS FALLS: The U.S. says the number of Americans seeking unemployment benefits fell 26,000 last week to 319,000, the latest sign that the job market is slowly improving. The drop follows two weeks of increases that reflected mostly temporary layoffs around the Easter holiday.

TREASURIES AND COMMODITIES: The yield on the 10-year Treasury note climbed to 2.61 percent from 2.59 percent on Wednesday. The price of oil fell 47 cents, or 0.5 percent, to $100.30.