US STOCKS-Wall St opens higher as jobless claims fall, dollar weakens
* 4-week jobless claims average near 15-year low
* Dollar index falls to a near 4-month low
* Kohl's down after results
* Indexes up: Dow 0.6 pct, S&P 0.5 pct, Nasdaq 0.4 pct (Updates to open)
By Tanya Agrawal
May 14 (Reuters) - U.S. stocks opened higher for the first time in four sessions on Thursday as weekly jobless claims fell and the dollar slid to its lowest in nearly four months, offering respite to U.S. multinationals.
Initial claims for state unemployment benefits slipped 1,000 to a seasonally adjusted 264,000 for the week ended May 9, while the 4-week unemployment average stayed near a 15-year low.
The market also got a boost as the yield on 10-year U.S. Treasury eased from Wednesday's five-month closing high of 2.28 percent. Analysts, however, expect yields to remain high.
The recent jump in yields has made equities look more expensive in comparison to debt, keeping global share markets subdued. Continuación...