12:23 PM EST, 11/21/2024 (MT Newswires) -- US equity indexes traded mixed after midday on Thursday as investors weighed Nvidia's ( NVDA ) Q3 results while jobless claims unexpectedly declined.

The S&P 500 rose 0.3% to 5,932.1, and the Dow Jones Industrial Average climbed 0.8% to 43,769.3. The Nasdaq Composite slid 0.3% to 18,910.7. Energy, industrials, and financials led the gainers intraday. The communication services sector was the standout decliner.

Nvidia ( NVDA ) reported late Wednesday fiscal Q3 results that topped analysts' estimates. The chipmaker's fiscal Q4 revenue guidance at $37.5 billion plus or minus 2%, which straddles the $37.09 billion estimate from analysts surveyed by FactSet, underwhelmed investors. Shares of the company, a technology bellwether and strong contributor to stock market returns in recent quarters, retreated 1.1% intraday.

In economic news, US initial jobless claims fell to 213,000 in the week ended Nov. 16 from an upwardly revised 219,000 in the previous week, compared with expectations for an increase to 220,000 in a survey of analysts compiled by Bloomberg. Initial claims were at 242,000 during the week to Oct. 12. The four-week moving average fell by 3,750 to 217,750.

The Conference Board's measure of leading indicators fell 0.4% in October, below expectations for a 0.3% decrease in a survey compiled by Bloomberg and following a 0.3% decrease in September.

Most US Treasury yields stood little-changed intraday, with the 10-year up less than one basis point to 4.41%. The two-year rate climbed 1.3 basis points to 4.32%.

West Texas Intermediate crude oil gained 1.8% to $70.01 a barrel.