The Dow Jones Industrial Average fell on Wednesday, taking a breather after reaching a significant milestone, while traders pored over disappointing unemployment data.
The 30-stock index shed 173.77 points to close the day at 29,872.47.
The S&P 500 skidded 5.76 points to 3,629.65.
The NASDAQ recovered 57.08 points to 12,094.40.
The blue-chip Dow broke above 30,000 for the first time on Tuesday, rallying more than 400 points. The Dow was also on pace for its biggest monthly gain since 1987, up more than 13%.
Trading volumes were lighter than usual ahead of the Thanksgiving holiday. U.S. markets will be closed for the Thanksgiving holiday on Thursday and will have a short session on Friday.
On the macroeconomic front, U.S. weekly jobless claims totaled 778,000 for the week ended Nov. 21, ahead of the 733,000 expectation from economists surveyed by Dow Jones and up from 742,000 the previous week.
Prices for the 10-Year Treasury faded, raising yields to 0.89% from at Tuesday's 0.88%. Treasury prices and yields move in opposite directions.
Oil prices strengthened 89 cents to $45.80 U.S. a barrel.
Gold prices removed 20 cents to $1,809.10 U.S.