Shares gave up early gains to end slightly lower on Thursday as investors awaited the launch of President-elect Joe Biden’s plan for another round of large-scale federal spending to influence a growing economy. COVID-19. Dow Jones Industrial Average DJIA,
ended with a loss of about 69 points, or 0.2%, almost 30,992, according to preliminary figures, while the S&P 500 SPX,
gave up 14 points, or 0.4%, finishing close to 3,796. Nasdaq Composite,
closed close to 13,113, a reduction of about 16 points, or 0.1%. Biden is expected to unveil an spending plan that could reach $ 2 trillion on Thursday night, according to news reports, including another round of checks directly on households. Ahead of Thursday’s opening bell, data showed a bigger jump than expected in jobless claims for the first time.