NEW YORK (AP) — The stock market is pulling back after surging to record levels during the past week.

Even a decline in the number of Americans applying for unemployment benefits failed to boost stock prices in midday trading Thursday.

The Dow Jones industrial average fell five points, or 0.1 percent, to 15,099 as of noon Eastern Daylight Time.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.