U.S. stocks end mixed amid economic data

2021-09-17 04:54

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NEW YORK, Sept. 16 (Xinhua) -- U.S. stocks finished mixed on Thursday as investors parsed the latest economic data.

The Dow Jones Industrial Average decreased 63.07 points, or 0.18 percent, to 34,751.32. The S&P 500 was down 6.95 points, or 0.16 percent, to 4,473.75. The Nasdaq Composite Index rose 20.39 points, or 0.13 percent, to 15,181.92.

Eight of the 11 primary S&P 500 sectors ended in red, with materials and energy down 1.09 percent and 1.06 percent, respectively, leading the laggards. Consumer discretionary rose 0.44 percent, the best-performing group.

U.S.-listed Chinese companies traded mostly lower with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

The above market reactions came as U.S. Department of Commerce reported on Thursday that U.S. retail sales climbed a seasonally adjusted 0.7 percent in August, following a 1.8 percent decline in July. Economists polled by The Wall Street Journal had forecast a 0.7 percent drop.

Elsewhere, U.S. Department of Labor reported that U.S. initial jobless benefit claims rose 20,000 to 332,000 in the week ending Sept. 11.
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