US stocks trade mixed after jobless claims fall below 1 million for first time since March

US stocks traded mixed on Thursday after weekly unemployment claims dipped below 1 million for the first time since the coronavirus pandemic drove historic job losses.
Claims for jobless benefits dropped to 963,000 for the week that ended on Saturday, the Labor Department said. The reading handily beat economists' estimate of 1.1 million claims.
Investors continued to wait for progress in stimulus bill negotiations. House Speaker Nancy Pelosi on Wednesday rebuffed the White House's criticism of