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U.S. stocks close mixed amid data, earnings

NEW YORK
2019-11-15 07:01

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NEW YORK, Nov. 14 (Xinhua) -- U.S. Stocks closed mixed on Thursday as investors digested major economic data as well as latest corporate earnings reports.

The Dow Jones Industrial Average decreased 1.63 points, or 0.01 percent, to 27,781.96. The S&P 500 increased 2.59 points, or 0.08 percent, to 3,096.63. The Nasdaq Composite Index decreased 3.08 points, or 0.04 percent, to 8,479.02.

On the economic front, weekly jobless claims reached 225,000 last week, an increase of 14,000 from previous week's unrevised level, the U.S. Department of Labor said on Thursday.

In corporate news, Cisco issued weaker-than-expected revenue guidance for its fiscal second quarter.

Its shares declined more than 7 percent after the company said it expects 75 cents to 77 cents in Non-GAAP earnings per share, and an annualized revenue decline of 3 percent to 5 percent in the fiscal second quarter.
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