Stocks Ended Mostly Higher after ECB Decision

U.S. stocks ended mostly higher on Thursday, after the European Central Bank said it would avoid raising interest rates until mid-2019 and data showed U.S. economic strength. The Dow Jones Industrial Average fell 25.89 points, or 0.10%, to 25,175.31. The S&P 500 rose 6.86 points, or 0.25%, to 2,782.49. The Nasdaq Composite gained 65.34 points, or 0.85%, to 7,761.04.

U.S. benchmark oil futures logged their highest settlement in two weeks on Thursday, buoyed by a hefty weekly decline in U.S. crude supplies. July West Texas Intermediate crude rose by 25 cents, or 0.4%, to settle at $66.89 a barrel. However, August Brent crude settled with a loss of 80 cents, or 1%, at $75.94 a barrel.

acebook Inc (FB) said on Thursday that Elliot Schrage, who as head of communications and public policy has led the social network’s response to scandals about privacy and election meddling, would step down from the company after a decade.