NEW YORK, New York - U.S. stocks wavered on Thursday as strong economic data gave further impetus to the Fed not cutting rates any time soon. The weekly initial unemployment claims were unchanged from last week at 212,000 while a gauge of manufacturing in the mid-Atlantic region rose to a two-year high.

"You got the unemployment numbers today and they're not showing that the labor market is, anywhere near going from being as tight as it is, there's no loosening the labor market that you can see," Tom Hainlin, senior investment strategist at U.S. Bank Wealth Management in Minneapolis told Reuters Thursday.

"Economic data just says that the economy is still in a good place and the reason for the Fed keeping rates high is positive growth, so you're getting this whipsaw in terms of what do you want to own," Hainlin added.

As Thursday drew to a close, the stock market witnessed a mixed bag of performances across major indexes, reflecting the ebb and flow of investor sentiment amidst ongoing economic trends and geopolitical developments. Here's a breakdown of the closing quotes:

Dow Jones Industrial Average (^DJI): The Dow Jones Industrial Average ended the day at 37,775.38, exhibiting a modest uptick of 22.07 points, translating to an increase of 0.06 percent. Market activity was observed at 299.409 million shares.

S&P 500 (^GSPC): The Standard and Poor's 500 index concluded the trading session at 5,011.12, experiencing a slight decline of 11.09 points, equivalent to a decrease of 0.22 percent. Trading volume stood at approximately 2.177 billion shares.

NASDAQ Composite (^IXIC): The NASDAQ Composite index closed at 15,601.50, reflecting a decline of 81.87 points, marking a decrease of 0.52 percent. Total shares traded amounted to approximately 4.298 billion.

Market analysts noted that while certain sectors experienced gains, others faced downward pressure, reflecting the market's cautious stance amid uncertainties surrounding inflation, interest rates, and global trade dynamics. Additionally, ongoing geopolitical tensions and corporate earnings reports continued to influence investor sentiment.

Global Foreign Exchange Market Update: Thursday's Latest FX Rates

In the fast-paced world of global finance, Thursday has brought forth subtle yet notable shifts in the foreign exchange market with the U.S. dollar regaining its footing after a bout of profit-taking a day earlier. Here's a roundup of the latest currency pairs' quotes for Thursday:

EURUSD (Euro / US dollar): The euro stands at 1.0643 against the U.S. dollar, experiencing a modest decrease of 0.28 percent.

USDJPY (US dollar / Japanese yen): Against the Japanese yen, the dollar is valued at 154.62, marking a slight uptick of 0.16 percent.

USDCAD (US dollar / Canadian dollar): The Canadian dollar edged down to 1.3767, showing a marginal decrease of 0.04 percent.

GBPUSD (British pound / US dollar): The British pound registers at 1.2436, down by 0.14 percent.

USDCHF (US dollar / Swiss franc): The Swiss franc fell by 0.19 percent, with the rate now at 0.9124.

AUDUSD (Australian dollar / US dollar): The Australian dollar saw a reduction of 0.21 percent, with the rate sitting at 0.6421 towarsd the Thursday close.

NZDUSD (New Zealand dollar / US dollar): Lastly, the New Zealand dollar in relation to the US dollar displays a decline of 0.24 percent, marking a value of 0.5902.

Global Stock Markets Close with Mixed Results

CANADA

S&P/TSX Composite index (^GSPTSE): In Canada, the S&P/TSX Composite index wrapped up at 21,708.44, showing a gain of 52.39 points, or 0.24 percent. Trading volume for the session reached 201.186 million shares.

UNITED KINGDOM

London (FTSE 100):
The FTSE 100 closed at 7,877.05, marking a gain of 29.06 points, or 0.37 percent.

EUROPE

Frankfurt (DAX PERFORMANCE-INDEX):
The DAX PERFORMANCE-INDEX ended the day at 17,837.40, up by 67.38 points, or 0.38 percent.

Paris (CAC 40):
The CAC 40 finished at 8,023.26, showing an increase of 41.75 points, or 0.52 percent.

Eurozone (ESTX 50 PR.EUR):
The ESTX 50 PR.EUR finished at 4,936.57 Thursday, with a gain of 22.44 points, or 0.46 percent.

Euronext (Euronext 100 Index):
Closing at 1,500.80, the Euronext 100 Index rose by 6.09 points, or 0.41 percent.

Brussels (BEL 20):
The BEL 20 closed at 3,826.58, showing an increase of 32.01 points, or 0.84 percent.

ASIA

Tokyo (Nikkei 225):
Closing at 38,079.70, the Nikkei 225 rose by 117.90 points, or 0.31 percent.

Hong Kong (HANG SENG INDEX):
The HANG SENG INDEX concluded at 16,385.87 Thursday, with a gain of 134.03 points, or 0.82 percent.

Shanghai (SSE Composite Index):
The SSE Composite Index closed at 3,074.22, up by 2.84 points, or 0.09 percent.

Shenzhen (Shenzhen Index):
Closing at 9,376.81, the Shenzhen Index fell by 4.97 points, or 0.05 percent.

Singapore (STI Index):
Closing at 3,187.66, the STI Index rose by 32.97 points, or 1.05 percent.

Mumbai (S&P BSE SENSEX):
The S&P BSE SENSEX closed at 72,488.99 on Thursday, down by 454.69 points, or 0.62 percent.

Mumbai (NIFTY 50):
The NIFTY 50 ended the day at 21,995.85, down by 152.05 points, or 0.69 percent.

Kuala Lumpur (FTSE Bursa Malaysia KLCI):
The FTSE Bursa Malaysia KLCI finished at 1,544.76, up by 4.34 points, or 0.28 percent.

Seoul (KOSPI Composite Index):
The KOSPI Composite Index ended the day at 2,634.70, showing an increase of 50.52 points, or 1.95 percent.

Taipei (TSEC weighted index):
Closing at 20,301.20, the TSEC weighted index rose by 87.87 points, or 0.43 percent.

OCEANIA

Sydney (S&P/ASX 200):
The S&P/ASX 200 ended the day Thursday at 7,642.10, showing an increase of 36.50 points, or 0.48 percent.

Sydney (ALL ORDINARIES):
The ALL ORDINARIES ended the day at 7,898.90, showing an increase of 37.90 points, or 0.48 percent.

Wellington (S&P/NZX 50 INDEX GROSS):
The S&P/NZX 50 INDEX GROSS closed at 11,836.04, down by 39.31 points, or 0.33 percent.

AFRICA

Johannesburg (Top 40 USD Net TRI Index):
The Top 40 USD Net TRI Index closed at 3,771.77, down by 2.92 points, or 0.08 percent.

MIDDLE EAST

Tel Aviv (TA-125):
The TA-125 finished at 1,933.98 Thursday, showing an increase of 21.32 points, or 1.11 percent.

Cairo (EGX 30 Price Return Index):
The EGX 30 Price Return Index closed at 28,332.70, down by 1,335.00 points, or 4.50 percent.