NEW YORK: Wall Street stocks finished higher Thursday following mostly solid US economic data on the eve of the eagerly anticipated February jobs report.
The Dow Jones Industrial advanced 44.58 points (0.26 percent) to 16,843.90.
The broad-based S&P 500 rose 6.95 (0.35 percent) to 1,993.40, while the tech-rich Nasdaq Composite Index added 4.00 (0.09 percent) at 4,707.42.
US data releases showed modestly slower services sector activity in February and a modest increase in industrial orders in January.
Initial jobless claims rose slightly last week, but remained at a low level.
"The market has been on hold most of the day, awaiting tomorrow's unemployment data," said Peter Cardillo, chief market economist at First Standard Financial.
"It's basically a mixed-to-positive session."
Friday's jobs report is expected to show the US economy added 190,000 jobs in February and the unemployment rate held steady at 4.9 percent.
Most commodity- and oil-linked stocks were higher as prices of copper and some other industrial commodities rose. US oil prices fell slightly, but the Brent crude benchmark advanced a bit.
Dow member Caterpillar, which supplies machinery to mining and oil companies, rose 3.4 percent, while offshore driller Transocean climbed 10.1 percent. Apache rose 7.4 percent.
Chesapeake Energy surged 26.6 percent. Bloomberg attributed the rise to news that the oil and gas producer had been granted immunity from prosecution in connection with an investigation of bid-rigging charges against company founder and former chief executive Aubrey McClendon.
McClendon died in a car crash Wednesday, one day after being indicted by the US Justice Department on criminal antitrust charges.
Big-box retailer Costco Wholesale dropped 0.8 percent after reporting that fiscal second-quarter net income fell 8.7 percent to $546 million. Revenues were $28.2 billion, below the analyst forecast of $28.4 billion.
Supermarket chain Kroger tumbled 7.0 percent after reporting fourth-quarter revenues of $26.2 billion, below the $26.3 billion analyst estimate. Earnings rose 7.9 percent to $559 million.
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