U.S. stocks ended mixed on Thursday midday trading, financial and energy stocks generally rose. Morning mixed economic data released, the government reported that initial claims for unemployment benefits last week, less than expected wholesale inventories in Central America in October was an increase of 1.9% than expected.
At 12:03 on December 9 EST, the Dow Jones Industrial Average fell 23.99 points to 11,348.49 points, down 0.21%; the Nasdaq composite index rose 2.47 points to 2,611.63 points, or 0.09%; the S & P 500 Index rose 1.01 points to 1,229.29 points, or 0.08%.
The Labor Department reported the week ending December 4 initial claims for unemployment benefits fell by 1.7 million to 42.1 million. Accepted by economists surveyed by MarketWatch expected the figure will average 42.5 million. Analysts surveyed by Dow Jones Newswires expected a decline of 1.3 million people. Data from 43.6 million the previous week were revised up to 43.8 million.
More important, less volatile four-week moving average of initial jobless claims data fell to 42.75 million, a record low of more than two years. Investment institutions Jefferies & Co chief market strategist Art - Hogan (Art Hogan) pursuant to which that "the employment trend is improving."
Dollar against the euro have risen, but fell against the yen exchange rate. Increased demand for Treasuries, the 10-year Treasury bill rate fell to 3.21%.
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