US stocks were little changed on Thursday, balancing between positive news from US and dismal China's data releases. Pushing US equities lower, the ECB cut Eurozone's growth outlook from 1% to 0.6% for 2013. S&P 500 inched up by 0.04% to trade at 1402.80. On the upside were basic materials and technology stocks. Alpha Natural Resources and Airgas advanced by 15.08% and 0.22% while CA and Google jumped 0.67% and 0.02%. Meanwhile, E*Trade Financial also moved higher, surging 6.86% after the brokerage company dismissed its CEO. PulteGroup, the largest US property developer, soared 4.8% after JPMorgan upgraded its stocks to overweight. Cisco Systems gained 3.2% as Goldman Sachs Group added the company to ‘Conviction Buy' list. At the same time, consumer goods and services sent the US stock index lower. Best Buy, Expedia and Big Lots slid 3.26%, 0.32% and 0.98%, respectively. Netapp lost 2.83% as Cantor Fitzgerald lowered the company from ‘buy' to ‘hold'.