(CNBC) — U.S. stocks ended near unchanged on Wednesday, with the Dow furthering its record climb, a day after its first trip above 18,000.

There are “not many people around and no impetus for a sell off,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott.

And, “claims dropped down to a level below 300,000 that is indicative of firming labor conditions,” added Luschini of data released Wednesday that showed fewer Americans than forecast filed for unemployment benefits last week.

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