U.S. stocks opened flat on Thursday, as investors found few reasons to extend a rally that has taken major indexes to repeated records and the Dow near the milestone level of 20,000. Market moves have been slight this week, with many investors out ahead of the upcoming Christmas holiday and few concrete trading catalysts. In the latest economic data, an estimate on third-quarter GDP was revised up to 3.5% from 3.2%, above expectations. On the downside, jobless claims rose to their highest level since mid-June in the latest week. The Dow Jones Industrial Average fell 15 points to 19,928, a drop of less than 0.1%. The S&P 500 fell 1 point, or 0.05%, to 2,264. The Nasdaq Composite Index fell 1 point to 5,470.21, essentially unchanged on the day.
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From:: Stock Market News