Mixed Moves

Indices closed out mixed on Thursday. The Dow and S&P 500 shed some points. The Nasdaq ended with slight gains. Stocks made mixed moves amid a variety of news. The Labor Department reported that initial jobless claims increased by 6,000 to 402,000 last week, up from a revised 396,000 in the previous week. Meanwhile, the Institute for Supply Management’s manufacturing index rose to 52.7 in November, exceeding the 51.5 read that economists were expecting, and above October’s 50.8 figure. Elsewhere, crude oil slipped 16 cents to settle at $100.20 a barrel. On the horizon, November employment numbers are due for release tomorrow.

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