NEW YORK (CNNMoney)
The Dow Jones Industrial Average, the S&P 500 and the Nasdaq were all mostly unchanged.
Stocks fell Wednesday as investors bet that a new U.S. budget deal raises the chances the Federal Reserve might start to scale back its support for the economy soon. And investors continued to focus on economic data Thursday in an attempt to gauge the Fed's sentiment ahead of its policy meeting next week.
The Department of Labor said initial jobless claims rose to 368,000 last week, higher than what economists were expecting.
Retail sales ticked up from the previous month, according to the Census Bureau, slightly beating Wall Street estimates.
Stocks often enjoy a nice rally in December but after a record-breaking run for the Dow and S&P 500, the so-called Santa Claus rally has yet to materialize. The S&P 500 has fallen 1.5% so far this month.
Related: Fear & Greed Index idling in Neutral
Hilton Worldwide (HLT) will start trading on the New York Stock Exchange Thursday after the hotel chain raised $2.4 billion through an initial public offering. Food services company Aramark (ARMK) will also debut after raising $725 million in its own IPO.
Shares of Lululemon (LULU) dropped more than 7% after the yogawear producer reported earnings and revenue that beat forecasts, but dimmed its outlook.
Facebook (FB, Fortune 500) bounced 3% after Standard & Poor's announced late Wednesday that the social networking giant will be added to its benchmark S&P 500 index later this month.
European markets were mixed to slightly weaker in morning trading. while Asian markets ended lower. 
First Published: December 12, 2013: 9:52 AM ET
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