U.S. stocks moved lower Thursday, despite a fall in weekly jobless claims. The number of people filing for unemployment benefits fell 5,000 to 249,000 this week, pushing the four-week average down by 3,000. Oil prices broke $50 a barrel for the first time in four months as fresh data showed U.S. crude inventories continuing to decline. Walmart (WMT) shares declined after the retailer said it expects "relatively flat" earnings growth in fiscal 2018 and is set to close 55 stores during the year. Yum! Brands (YUM) shares moved lower after reporting weaker-than-expected quarterly results on both the top and bottom line. Yum! Brands is the parent company of Taco Bell and KFC. TheStreet's Scott Gamm reports from Wall Street.
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