Dragged down by losses for shares of IBM and Honeywell, the Dow Jones Industrial Average is declining Thursday morning.

The Dow Jones index dropped Thursday on a surprise fall in weekly jobless claims. Chipotle and Tesla plunged on earnings.

World shares are higher, buoyed by optimism that the U.S.-Japan tariff agreement will be followed by more trade deals. On Wednesday, U.S. stocks rose to more records following the US-Japan trade deal.

US stocks were mixed on Thursday, with the S&P 500 and Nasdaq Composite pushing to new intraday records on the back of strong ...