U.S. stocks wavered on Thursday despite signs of improvement in the U.S. labor market ahead of Friday's jobs report. Nonfarm payrolls in June will be closely scrutinized for signs that weakness in May was momentary. Crude oil turned lower after a smaller-than-expected decline in U.S. inventories. Stockpiles fell by just over two million barrels in the past week, around a third of what analysts hoped for. Pivotal Research now sees Comcast (CMCSA) shares reaching $75 ecah, 15 percent higher than current levels. Analysts reiterated a buy rating and said higher data speed should drive revenue. Avast Software agreed to buy antivirus software developer AVG Technologies (AVG) in a deal worth roughly $1.3 billion. The purchase expands Avast's presence in security software. TheStreet's Keris Lahiff reports from Wall Street.

More from Video

Video: This One Mathematical Concept Can Make You a Millionaire

Video: This One Mathematical Concept Can Make You a Millionaire

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

AAP Exclusive: Nvidia is Tied to Crypto and That's Bad

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Abercrombie & Fitch Shares Surged 57% So Far This Year

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: Why It's Key to Invest in Stocks Even If You Have Student Loan Debt

Video: The S&P 500 Is Failing to Make New Highs

Video: The S&P 500 Is Failing to Make New Highs