Flat close despite upbeat jobless data report

The markets markets closed flat with the Dow adding 7 points to 20,619 despite a better than expected jobless claims report. Nasdaq slipped 4 points to 5,814.


On the upside


Bargain hunters lifted shares of Power Solutions International (Nasdaq: PSIX).


Superconductor Technologies (Nasdaq: SCON) received a patent for its superconducting wire manufacturing method.


Kate Spade & Co. (NYSE: KATE) reported higher fourth quarter earnings that beat expectations and announced that the company was exploring strategic alternatives to increase shareholder value.


On the downside


Avon Products (NYSE: AVP) reported a larger than expected loss for the fourth quarter.


Molina Healthcare (NYSE: MOH) fell to a loss for the fourth quarter.


ConforMIS (Nasdaq: CFMS) reported a loss for the fourth quarter.


The broader S&P 500 index slipped 2 points to 2,347. Bitcoin climbed $20 to $1,025.


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