US STOCKS-Wall St little changed after 2-day drop, data

jueves 5 de marzo de 2015 12:29 GYT
 

* Initial jobless claims climb more than expected

* Factory orders fall for sixth straight month

* AbbVie to buy Pharmacyclics for about $21 bln

* Costco climbs after results

* Indexes up: Dow 0.12 pct, S&P 0.01 pct, Nasdaq 0.18 pct (Adds factory orders data)

By Chuck Mikolajczak

NEW YORK, March 5 (Reuters) - U.S. stocks were little changed on Thursday, in the wake of two days of declines on the S&P 500, as economic data did little to alter expectations on the timing of an interest rate hike by the Federal Reserve.

Initial jobless claims rose to 320,000 in the latest week, above the 295,000 estimate and 313,000 in the prior week. The disappointing claims numbers come after a weaker-than-expected private payrolls report on Wednesday and ahead of Friday's monthly employment report.

A separate report showed new orders for U.S. factory goods unexpectedly fell in January for a sixth month, a sign of weakness in the manufacturing sector.   Continuación...