Shares gave up early gains to end slightly lower on Thursday as investors awaited the deployment of President-elect Joe Biden’s plan for another large-scale round of federal spending to overcome a booming economy of COVID-19 cases. The Dow Jones Industrial Average DJIA,
ended with a loss of about 69 points, or 0.2%, about 30,992, according to preliminary data, while the S&P 500 SPX,
yielded 14 points, 0.4%, and finished close to 3,796. The Nasdaq Composite COMP,
closed about 13,113, with a discount of around 16 points, or 0.1%. Biden is expected to unveil an spending plan that could reach $ 2 trillion on Thursday evening, according to news reports, including another round of checks directly on homes. Ahead of Thursday’s opening bell, data showed a larger-than-expected jump in first-time unemployment claims.