Some encouraging economic data from the Labor Department didn't do much to boost the markets today, although stocks did come off of their worst lows of the day in the afternoon.
The number of Americans filing unemployment benefits fell 26,000 last week to 350,000, marking a four-year low.
The four-week moving average for new claims fell significantly, down 9,750 to 376,500.
Shares of Supervalu (NYSE:SVU) fell sharply after the company reported very disappointing sales and profit. The supermarket chain is also considering selling off a part of its business a sale to pay off debt.
Infosys (NYSE:INFY) cut its sales forecast more than expected, as tech spending has been negatively affected by global uncertainty.
Shares were down 10 percent today.
Meanwhile, homebuilders Lennar (NYSE:LEN) and Toll Brothers (NYSE:TOL) were bolstered by a positive forecast by an industry analyst.
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