New York - US stocks traded in a very narrow range around the breakeven line Thursday as investors felt little thrilled after Greek political leaders had agreed on austerity cuts after a dangerous deadlock.
Investors were taking a close watch on Greece as the nation's prime minister went to Brussels to talk with European leaders, hoping to secure the second round of bailout money to avoid a disastrous default, Xinhua reported.
Domestically, Thursday's jobs data came in better than expected, reassuring investors the battered jobs market was steadily picking up.
According to the Labor Department, the number of people applying for jobless benefits dropped 15,000 to a seasonally- adjusted 358,000 last week, which was the second-lowest level in about four years.
In midday trading, the Dow Jones industrial average slipped 17. 67 points, or 0.14 percent, at 12,866.28. The Standard & Poor's 500 edged down 0.51 points, or 0.04 percent, to 1,349.45. The Nasdaq Composite Index rose 2.77 points, or 0.09 percent, to 2,918. 63.
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Cabinet nod for cold chain centre as society (9th Feb, 2012) |
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Chinese firm slaps $1.6bln lawsuit against Apple for using iPad trademark (9th Feb, 2012) |
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MTS launches zero paisa plan to retain customers (9th Feb, 2012) |
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Google to offer money in exchange for users' search history (9th Feb, 2012) |
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Nokia to cut 4000 jobs as smartphones manufacturing moves to Asia (9th Feb, 2012) |
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Benchmark indices subdued, midcaps rise (9th Feb, 2012) |
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Industries sagging in Jammu and Kashmir (9th Feb, 2012) |
Today : Thursday - May 24, 2012, 03:12pm (GMT+5.5)
