Shares of industrial and transportation companies ticked up amid generally positive economic data.
Muted wholesale inflation data boded well for manufacturers' profit margins.
Jobless claims fell by 11,000 to a five-week low of 211,000.
The U.S. economy is in better balance, which will allow inflation to continue on a gradual path to the Fed's 2% annual-rate target, New York Fed President John Williams said Thursday.
Rivian Automotive shares fell after Ford Motor cut prices on its rival all-electric F-150 Lightning pickup trucks by $5,500, according to industry Web site CarsDirect.
An internal Boeing review found that Chief Executive David Calhoun and other top executives took personal trips worth more than $500,000 on the company's private jets and other planes that were improperly recorded as business travel.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-11-24 1716ET