U.S. stocks pared gains midway through trading, with the Dow Jones dropping 100 points on Thursday.
The Dow traded down 0.34% to 30,379.44 while the NASDAQ rose 0.70% to 11,131.00 The S&P also rose, gaining, 0.05% to 3,761.59
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Leading and Lagging Sectors
Utilities shares jumped by 1.7% on Thursday. Meanwhile, top gainers in the sector includedAzure Power Global Limited(NYSE:AZRE), up 19% andCadiz Inc.(NASDAQ:CDZI) up 12%.
In trading on Thursday, energy shares tumbled by 1.3%.
Top Headline
US initial jobless claims declined by 2,000 to 229,000 in the week ended June 18th, compared to market estimates of 227,000.
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