A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor market remains solid while progress on tamping down inflation may be waning. The Labor Department said initial claims for state unemployment benefits dropped 4,

Stocks traded mixed in the afternoon as investors assessed new consumer inflation data. The S&P 500 ticked up 0.07%, while the tech-heavy Nasdaq Composite slipped 0.11%. The Dow Jones Industrial Average gained 0.