The Dow Jones Industrial Average on Wednesday was on track to eat away of some of the losses incurred over the past two sessions.
Asian markets were mixed on Thursday with Tokyo stocks higher as the yen weakened against the USA dollar.
The stock was the biggest gainer in the S&P 500, picking up $5.89 to $46.47. The yield on the 10-year Treasury note rose to 2.83 percent. The Nasdaq added 34 points, or 0.5 percent, to 7,436.
Healthcare stocks continued to weigh on the three major United States indexes following a report on Tuesday that Amazon.com (AMZN.O), Berkshire Hathaway (BRKa.N) and JP Morgan Chase (JPM.N) were joining forces to cut healthcare costs for its United States employees. The bounce for the price-weighted blue-chip gains will be powered by a sharp rally in shares of Boeing Co., which was up 5.1%, or more than $17, at about $355 in premarket trade.
Dow Jones closed at 26149.3 up 0.28%, S&P 500 ended at 2823.8 up 0.05% and Nasdaq was at 7411.4 up 0.12%.
China accuses United States of 'Cold War mentality'
It overturns years of Obama-era policy that sought to reduce the size and power of the United States' nuclear arsenal. The document also says China continues to increase the number, capabilities and protection of its nuclear forces.
Eight of the 11 major S&P indexes were lower, with the materials index's 1.21 percent fall leading the decliners. The stock lost $7.81 to $119.51.
OUTBID: PayPal slid 6.1 percent after eBay said it would move to a different payment processor.
OIL: Benchmark U.S. crude rose 55 cents to $65.28 per barrel on the New York Mercantile Exchange.
United Parcel Service slumped 6.1 percent after the package delivery company said higher costs affected its business in the fourth quarter.
Volume on USA exchanges was 5.39 billion shares, compared to the 7.33 billion average for the full session over the last 20 trading days. Brent crude, used to price worldwide oils, declined 16 cents to $68.36 in London.
BOND YIELDS: Bond prices fell. After the data, benchmark 10-year Treasury yields extended their rise to more than 2.8 per cent, as traders boosted bets that the Fed will raise interest rates.
CURRENCIES: The dollar rose to 108.94 yen from 108.78 yen on Tuesday.
The 2.4 percent drop in the Dow came as the Labor Department reported 200,000 jobs were added to the economy last month, which was stronger than expected, and the unemployment rate stayed at 4.1 percent - the lowest since 2000. The euro strengthened to $1.2478 from $1.2410.
The CBOE Volatility Index, the most widely followed gauge measure of stock market volatility, rose to 14.48, after having fallen in the previous two sessions. But Hong Kong's Hang Seng index dipped 0.1 percent to 32,843.20 and China's Shanghai Composite Index lost 0.9 percent to 3,449.93. Markets in Asia finished mixed. Nasdaq 100 futures slipped 4.75 points.
The Pending Home Sales Index increased 0.5% for the month.
Budget 2018: Modi government slashes excise duty on petrol and diesel
In addition to the GST, the government was charging highest rates of Petroleum Development Levy (PDL) from the consumers. That is the only change we have made; practically there is no impact on the final price of petrol and diesel.