NEW YORK: U.S. stock were little changed on Thursday, a day after the Dow and the S&P hit fresh record highs and as investors digested a mixed bag of earning reports as well as upbeat economic data. On the Nasdaq, 1,128 issues rose and 1,043 fell.The S&P 500 index showed 12 new 52-week highs and no new lows, while the Nasdaq recorded 30 new highs and six new lows. "The market has been on steroids with the Street becoming more confident about future earnings ," said Andre Bakhos, managing director at Janlyn Capital in Bernardsville, New Jersey.At 9:38 a.m. A report showed jobless claims unexpectedly fell last week, hitting a three-month low as the labor market continues to gather momentum. However, all sectors were moving within a narrow range of losses of 0.3 percent to gains of 0.4 percent.
Source: Economic Times July 21, 2016 13:52 UTC