U.S. stock indexes drifted to a mixed close following more reports showing the economy remains stronger than expected.
The S&P 500 index fell 0.2% Thursday. The slight dip sent it to a fifth straight loss for its longest such streak since October. The Dow Jones Industrial Average edged up by 0.1%, and the Nasdaq composite slipped 0.5% following a mixed set of profit reports from big companies.
Treasury yields rose following the stronger-than-expected economic data. Not only is the number of layoffs across the country remaining relatively low, an index of manufacturing in the mid-Atlantic region showed growth unexpectedly accelerated.
On Thursday:
The S&P 500 fell 11.09 points, or 0.2%, to 5,011.12.
The Dow Jones Industrial Average rose 22.07 points, or 0.1%, to 37,775.38.
The Nasdaq composite fell 81.87 points, or 0.5%, to 15,601.50.
The Russell 2000 index of smaller companies fell 4.99 points, or 0.3%, to 1,942.96.
Google fires 28 employees after protest against cloud contract with Israel
Police confirm Missouri officer fired fatal shot that killed man who allegedly shot another man
Edmunds: Avoid these 3 mistakes when buying a used car sight unseen
Former Mormon reveals the wild list of rules she was forced to follow while living within ultra
Virginia fathers narrowly avoid being crushed while sitting by backyard fire pit
Olympic champion Suni Lee back in form after debilitating kidney ailment
Noah Eagle picked by NBC as play
Convicted scammer who victims say claimed to be a psychic, Irish heiress faces extradition to UK
The U.N. rights chief says eastern Congo's escalating violence is being forgotten by the world
Man fleeing cops in western Michigan dies after unmarked cruiser hits him
Clemson guard Chase Hunter enters NBA Draft, but retains eligibility to come back to college