Today's stock market news, February 6, 2014: U.S. stocks rebounded from intraday lows on Wednesday. The Dow Jones Industrial Average remained steady, finishing at 15,440, while the Nasdaq fell 0.5% to 4,011. The S&P 500 slipped 0.2% to 1,751.
U.S. stock futures were up Thursday prior to jobless claims data. According to the Challenger Job-Cut Report, the U.S. economy had 45,107 planned full-time job cuts in January, up 12% year-over-year. The heaviest cuts occurred in the retail sector, as consumers continue to shift toward online channels.