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.

The Standard & Poor's 500 index fell three points, or 0.2 percent, to 1,629.

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