Stocks traded into red territory on Thursday amid continuing China trade tensions and other economic news. Initial jobless claims decreased last week. Department of Labor details showed new claims fell by 3,000 to 218,000 in the week ended June 16. In earnings moves, Kroger added 9.74% today. Earnings of 73 cents per share exceeded expectations by 10 cents. Meanwhile, Darden Restaurants, parent company of restaurants including Longhorn Steakhouse and Olive Garden, tacked on 14.79% after reporting earnings of 39 cents per share versus an anticipated 35 cents. Elsewhere, oil prices dipped ahead of Friday’s OPEC meeting in Vienna. Brent crude shed 1.4% to settle at $73.70 a barrel.