US stocks trade mixed as jobless claims fall for another week

US equities traded mixed on Thursday after weekly jobless claims came in lower than economists expected.
Unemployment-insurance claims last week declined to 1.3 million, the Labor Department announced on Thursday. Economists surveyed by Bloomberg had expected a reading of 1.38 million.
Tech mega-caps rallied higher as investors continued to pile into firms relatively insulated from rising coronavirus cases.
Oil traded largely unchanged, with West Texas Intermediate crude falling as much as 1.1%,