Stock market today: Wall Street stalls following some discouraging updates on the economy

NEW YORK — U.S. stock indexes are stalling following some discouraging data on the economy. The S&P 500 fell 0.3% in early trading Thursday and was on track for its third loss in the last four days. The Dow Jones Industrial Average was little changed, and the Nasdaq composite fell 0.4% from its record set the day before. A report earlier in the morning said more U.S. workers applied for unemployment benefits last week than forecast.

Uber clawed back some of its losses from a day earlier, climbing 3.4% after a company executive gave an optimistic outlook at a conference and highlighted the ride-share company's push into autonomous vehicles. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times this year, with the latest coming last week.Global markets were mixed ahead of a decision by the European Central Bank on interest rates that was expected to yield at least a quarter percentage point cut to the current 3.25% benchmark.

Chinese shares rose as leaders met in Beijing to set economic plans and targets for the coming year. The government announced plans to expand trial private pension programs to the entire country, beginning Dec. 15.

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Stock market today: Wall Street drifts as the 'Trump trade' loses steamNEW YORK (AP) — U.S. stocks are drifting as momentum comes out of the “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 was flat early Tuesday, coming off its latest all-time high.
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Stock market today: Wall Street drifts as the Trump trade coolsU.S. stocks are drifting Tuesday as some momentum comes out of the torrid 'Trump trade' that swept Wall Street following Donald Trump's presidential victory.
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Stock market today: Wall Street edges lower as the Trump trade coolsNEW YORK (AP) — U.S. stocks edged lower as momentum came out of the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% Tuesday, coming off its latest record.
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Stock market today: Wall Street drifts near record highs after an in-line inflation reportU.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 was up 0.1% in early trading Wednesday.
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Stock market today: Wall Street drifts after inflation update comes in as expectedNEW YORK (AP) — U.S. stocks drifted near their records after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates. The S&P 500 ended little changed Wednesday.
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