FXstreet.com (San Francisco) - U.S. stocks ended little changed Thursday after investors cheered the U.S. Department of Labor’s earlier report of an unexpected drop in the number of people filing first-time jobless claims during the week ending October 6, plunging 30,000 to 339,000. “The drop, however, was caused by an anomaly as one state posted a large decline in claims, which is not typical during the last week in September,” reports CNN.
The Dow Jones industrial average fell deeper into red for a fourth straight day, losing 18.51 points, or 0.1%, to close at 13,326.46. The S&P 500 index barely snapped its four-day losing streak by gaining less than a point to 1,432.86. Nasdaq dipped for a fifth day, losing 2.40 points, or 0.1%, to end at 3,049.38.
The Dow Jones industrial average fell deeper into red for a fourth straight day, losing 18.51 points, or 0.1%, to close at 13,326.46. The S&P 500 index barely snapped its four-day losing streak by gaining less than a point to 1,432.86. Nasdaq dipped for a fifth day, losing 2.40 points, or 0.1%, to end at 3,049.38.
