Major U.S. equities indexes were mixed in the first trading session since the Christmas holiday, with the S&P 500 finishing only modestly lower on the day.

Data from the Labor Department showed that initial jobless claims for the week ended Dec. 21 ticked lower from the previous week, a sign of resilience in the labor market that could influence the Federal Reserve as policymakers weigh interest-rate cuts in 2025.

The S&P 500 fluctuated around the flatline for much of the day before closing with a loss of less than 0.1%. The Dow also ended the session minimally lower, while the Nasdaq eked out a small gain.

Walgreens Boots Alliance (WBA) stock rose 5.3% to secure the S&P 500’s top daily performance. Shares of the pharmacy operator surged higher earlier in December following reports of buyout discussions with a private equity firm, but the stock has been volatile since.

Shares of discount retailer Dollar Tree (DLTR) pushed 3.8% higher. The stock lost ground after Dollar Tree’s latest quarterly earnings report, released at the beginning of the month, as the company noted continued pressure on consumer spending in the uncertain economic environment. The company announced last week that CEO Michael Creedon would remain in the role on a permanent basis, leading the retailer’s turnaround plan as it navigates consumer headwinds and competition.

Other retailers’ stocks also gained ground. Target (TGT) added 3% as the company announced price cuts and additional promotions, aiming to keep its seasonal sales flowing as the critical holiday season winds down. In its latest earnings report, Target predicted that fourth-quarter comparable sales would be flat year-over-year.

Shares of Fair Isaac Corp. (FICO), the data analytics firm known for its credit rating scores, sank 2%, the most of any S&P 500 stock. Analysts at JPMorgan initiated coverage of Fair Isaac stock last week with a “neutral” rating, noting that price increases could hinder the company’s growth trajectory.

Tesla (TSLA) shares fell 1.8%, handing back a portion of the stock’s uptick heading into the Christmas Day market holiday. Analysts have said that while the electric vehicle maker is expected to report record vehicle deliveries for the fourth quarter, investors may be more focused on Tesla’s long-term autonomous driving and artificial intelligence opportunities.

Shares of server and data storage provider Super Micro Computer (SMCI) lost 1.7%, giving back some of the gains posted by the stock on Christmas Eve. The removal of the stock from the influential Nasdaq 100 Index last week pressured Supermicro shares, but the company received an extension from the Nasdaq exchange until late February for the filing of its delayed annual report, alleviating some concerns about a possible delisting.