U.S. stock benchmarks were trading down Thursday morning, after Microsoft Corp. lowered its profit guidance for its fiscal fourth quarter. The Dow Jones Industrial Average was down 0.3%, the S&P 500 fell 0.2% and the Nasdaq Composite slipped 0.1%, according to FactSet data, at last check. All three major benchmarks closed lower Wednesday. In economic data released Thursday, unit-labor costs, a key measure of U.S. wage inflation, was revised up to a 12.6% gain in the first quarter, from an initially estimated 11.6% rise. Also, the rise in private sector payrolls in May came in below expectations.
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