Market Watch: Stocks Mixed As Oil Price Decline Continues

U.S. stocks were mixed Thursday, as investors digested numerous data reports and the slide in oil prices continued.

Oil prices tumbled yet again, this time to $42.17 per barrel. Each decline is setting a new six-year low at this point—meaning oil prices haven’t seen levels this cheap since 2009.

Weekly jobless claims came in higher than expected at 274,000. In Europe, all major equity markets moved up thanks in large part to significant progress on Greece’s latest bailout deal.

Investors are looking forward to tomorrow’s data reports, particularly the consumer sentiment numbers that will be released Friday morning.

Here are the final numbers from Thursday on Wall Street:

Dow Jones Industrial Average: 17,408.25 (+5.74)

NASDAQ: 5,033.56 (-10.82)  

S&P 500: 2,083.39 (-2.66)

Phil Cannella
Partnered with CBS Radio Network, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella
- 3 days ago
Phil Cannella

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