Stock Market Today: The S&P Squeaks Out a Record Close
Thursday's session was much like yesterday's in that none of the major indexes made a strong move in either direction. But instead of Wednesday's bent toward cyclicals sectors, buyers instead opted for tech-esque and defensive stocks.
Unemployment filings continued to move in the right direction; the Labor Department said that initial claims for the week ending Oct. 16 came to 290,000, which was below estimates for 300,000, and 6,000 claims fewer than the prior week.
