The U.S. Census Bureau of the Department of Commerce announced that construction spending during October was estimated at a seasonally adjusted annual rate of $1,172.6 billion, 0.5% above the revised September estimate of $1,166.5 billion. The October figure is 3.4% above the October 2015 estimate of $1,134.4 billion.

In the week ending November 26, the advance figure for seasonally adjusted initial claims for unemployment insurance was 268,000, an increase of 17,000 from the previous week’s unrevised level of 251,000, the Labor Department reported. The four-week moving average was 251,500, an increase of 500 from the previous week’s unrevised average of 251,000.

Thursday, the Dow closed 68.35 points (0.36%) higher at 19,191.93, the NASDAQ lost 72.57 points (1.36%) to finish at 5,251.11, and the S&P 500 was down 7.73 points (0.35%) at 2,191.08. The Russell 2000 decreased 8.53 points (0.65%) to 1,313.80, and the Wilshire 5000 closed 76.52 points (0.33%) lower at 22,914.55.

On the NYSE, 3.1 billion shares changed hands, and on the NASDAQ, 2.9 billion shares traded, with 1.6 declining issues for every advancing issue on both exchanges.

ON THIS DATE: In 1804, Napoleon was crowned emperor of France at the Cathedral of Notre Dame in Paris. In 1816, the first savings bank in the U.S., the Philadelphia Savings Fund Society, opened for business. In 1823, U.S. President James Monroe outlined his doctrine opposing European expansion in the Western Hemisphere. In 1901, Gillette patented the KC Gillette Razor. It was first razor to feature a permanent handle and disposable double-edge razor blades. In 1927, Ford Motor Company unveiled the Model A automobile. It was the successor to the Model T. In 1939, New York’s La Guardia Airport began operations. In 1961, Cuban leader Fidel Castro declared in a nationally broadcast speech that he was a Marxist-Leninist and that he was going to lead Cuba to communism. In 1969, the Boeing 747 jumbo jet got its first public preview as 191 people flew from Seattle, Washington, to New York City. Most of the passengers were reporters and photographers. In 1970, the Environmental Protection Agency began operations. In 1982, doctors at the University of Utah implanted a permanent artificial heart in the chest of retired dentist Barney Clark. He lived 112 days with the device. The operation was the first of its kind. In 1995, NASA launched a U.S.-European observatory on a $1 billion dollar mission intended to study the sun. In 2001, Enron Corp. filed for Chapter 11 reorganization. The filing came five days after Dynegy walked away from a $8.4 billion buyout. It was the largest bankruptcy in U.S. history.

In Amherst, Massachusetts, a college student attempted to enter a bar and was asked for proof of age first. The Associated Press reports she attempted to hand the bouncer a slice of pizza as proof of age and slapped him when he refused her entry.

In Los Angeles, California, two women started a brawl over a parking space in a parking lot. The local ABC station reports that fists were flying, then one woman got into a white SUV and smashed into a silver SUV. The vehicles collided several more times as they maneuvered back and forth in the small parking lot. The SUVs headed into the street where the white SUV was spotted delivering one more hit to the silver SUV. The white SUV then mowed down a fire hydrant, sending a geyser of water into the air.