The Dow Jones Industrial Average rose 33.60 points to 12,529.75. The Nasdaq Composite Index fell 10.74 points to 2,839.38, and the S&P 500 Stock Index added 1.82 points to 1,320.68. Initial claims for jobless benefits fell 2,000 to 370,000 in the past week.

Tiffany & Co. says that its profit for the first quarter was essentially the same as a year ago as it saw slowing demand in the U.S. for its jewelry.