Indices end near flat, supported by Fed hopes


The Dow fell 31.96 points, or 0.07%, to 47,850.94, the S&P 500 gained 7.40 points, or 0.11%, to 6,857.12 and the Nasdaq gained 51.04 points, or 0.22%, to 23,505.14.

NEW YORK: US stocks closed near the unchanged mark on Thursday, as investors weighed a report on the labour market and other economic data, while equities drew support from elevated hopes for a Federal Reserve interest-rate cut next week.

A 1.4% drop in Amazon.com shares weighed on the S&P 500, limiting its advance.

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