REFILE-LIVE MARKETS-US equities chop around flat after mixed bag of data
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US EQUITIES CHOP AROUND FLAT AFTER MIXED BAG OF DATA
Wall Street indexes are mixed and little changed early on Thursday as investors assess a jumbled crop of economic data including mixed reads on the labor market and weaker than expected factory orders. Still traders are continuing to bet on a rate cut from the Federal Reserve next week.
The Chicago Federal Reserve estimated that the U.S. unemployment rate was unchanged around 4.4% in November. Meanwhile private data provider Revelio Labs, which develops monthly employment estimates from online profiles and other information, reported 9,000 jobs lost in November, which would be the second monthly loss in a row.
But, last week, the number of Americans filing new applications for unemployment benefits dropped to the lowest level in more than three years, according to the Labor Department. It said initial claims for state unemployment benefits fell 27,000 to a seasonally adjusted 191,000 vs economist forecasts for 220,000.
And elsewhere, factory orders rose 0.2%, which was weaker than the 0.5% expectation.
In keeping with the tone of the day, the S&P 500's 11 major industry sectors are also a mixed bag with consumer staples .SPLRCS, consumer discretionary .SPLRCD and healthcare .SPXHC jostling to lead losses, while industrials .SPLRCI, financials .SPSY and utilities .SPLRCU are having a similar battle at the other end of the spectrum.
Here is your morning snapshot from 10:25 a.m. ET/1525 GMT:
(Sinéad Carew)
EARLIER ON LIVE MARKETS:
S&P 500 WITHIN STRIKING DISTANCE OF ITS RECORD HIGHS CLICK HERE
EUROPEAN SOFTWARE: A BETTER YEAR AHEAD? CLICK HERE
WHO NEEDS EARNINGS GROWTH? NOT EUROPEAN SHARES CLICK HERE
AUTOS DRIVE STOXX HIGHER CLICK HERE
BEFORE THE BELL: FUTURES RISE, BRITISH LAND TO JOIN FTSE CLICK HERE
DAY OFF FOR DOLLAR DEBASEMENT TRADE CLICK HERE
Wall Street chops around with data under review 
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