Posted: Dec 30, 2010 9:08 AM by AP
NEW YORK (AP) - Stocks are starting out mixed as traders sift through the last batch of economic data for the year.
Thursday morning, the Labor Department provided some positive news by reporting that initial filings for unemployment insurance in the week ending Dec. 25 fell to 388,000 from 420,000 in the previous week. It was the lowest number of weekly claims filed since July 2008.
A home sales report and a manufacturing index will also likely guide trading.
In early trading, the Dow Jones industrial average is down 7.23 to 11,578. The S&P 500 is up 0.22 to 1,260. Nasdaq composite futures are up 1.33 to 2,668.
The last week of the year has been marked by thin trading.