(CNBC) U.S. equities closed slightly higher in choppy trading Thursday as investors digested weaker-than-expected economic data and kept an eye on falling oil prices.
Oil prices whipsawed Thursday, with West Texas Intermediate settling at $31.72 a barrel, down 1.7 percent, after rising more than 3 percent at session highs.
"I think the [equity] market is kind of chopping around," said Maris Ogg, president at Tower Bridge Advisors. "The problem is that a lot of the negatives about falling commodity prices are still being worked into the system."
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