The EconomyInitial weekly jobless claims fell by 21,000, to 454,000, according to the Labor Department's report for the week ended July 3. Economists had been expecting claims to dip to 460,000, according to Briefing.com.
Company NewsCapital goods and non-cyclical consumer stocks were showed the most strength during Thursday's session. On the Dow, Du Pont ( DD), McDonald's ( MCD), American Express ( AXP) and Boeing ( BA) put in the best performance. Technology showed the mildest gains, which was reflected on the Dow with Intel ( INTC) being the only component to end in the red.
Commodities and the DollarFollowing the EIA data, natural gas for August delivery lost 17 cents, or 3.6%, to settle at $4.40. Meanwhile, the August crude