U.S. stocks ended lower Thursday as investors pondered over a batch of generally negative economic reports.
The Dow Jones Industrial Average fell 14.66 points, or 0.07 percent, to 21,359.90. The S&P 500 dipped 5.46 points, or 0.22 percent, to 2,432.46.
The Nasdaq Composite Index was down 29.39 points, or 0.47 percent, to 6,165.50.
In the week ending June 10, the advance figure for seasonally adjusted initial claims was 237,000, a decrease of 8,000 from the previous week's unrevised level, said the U.S. Labor Department Thursday.
In a separate report, the department announced that U.S. import prices decreased 0.3 percent in May, while the price index for U.S. exports dipped 0.7 percent. U.S. industrial production was unchanged in May, missing market consensus of a 0.2-percent gain, the Federal Reserve reported Thursday.
"The pullback in manufacturing production comes on the heels of the April surge, but still points to a moderation in production. Import prices continued to show a lack of rising inflationary pressure, aligning with nearly all other May inflation data," said Sophia Kearney-Lederman, an economic analyst at FTN Financial, in a note.
A renewed decline in technology sector also weighed on the market. Large-cap tech shares, including those of Alphabet, Apple, Amazon and Facebook all traded lower after Alphabet was downgraded by analysts at Canaccord Genuity.
Meanwhile, Wall Street was still sifting through the Fed's decision to raise interest rates by a quarter point.
The U.S. central bank on Wednesday raised the benchmark interest rates for the fourth time since December 2015, and unveiled plans to start trimming its balance sheet.
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