Indices traded into red territory on Thursday. Stocks including Nike and Domino’s Pizza dipped on a variety of economic news. Initial jobless claims decreased last week. Department of Labor data showed first-time claims for the week ended February 16 fell by 23,000 to 216,000. On another note, durable goods orders climbed in December. Orders for products designed to last several years increased by 1.2%. The result was slightly shy of consensus forecasts. Looking elsewhere, existing home sales slipped in January. Sales fell 1.2% from December and are down 8.5% from January 2018. Sales fell in three of the four Census regions.