Stocks edge up following ECB rate decision, strong US data
NEW YORK (AP) — U.S. stocks mostly ticked higher on Thursday after Europe's central bank became the latest to spell out how it will close the spigot on the emergency stimulus it's flooded into the market in recent years.
More evidence also arrived that the U.S. economy is improving, including a better-than-expected report on retail sales, and the S&P 500 was on pace for its fourth gain in the last five days.
KEEPING SCORE: The S&P 500 was up nearly 4 points, or 0.1 percent, at 2,779, as of 3 p.m. Eastern time. The Dow Jones industrial average fell 56 points, or 0.2 percent, to 25,145, and the Nasdaq composite rose 47, or 0.6 percent, to 7,742.