NEW YORK, March 27 (Xinhua) -- Wall Street moved mixed Thursday amid upbeat economic data and downbeat news from the technology sector.

    The Commerce Department reported that U.S. gross domestic product grew at an annual pace of 0.6 percent in the fourth quarter last year, meeting estimates.

    Consumers increased buying at a 2.3 percent pace, ahead of the expected 1.9 percent growth rate.

    The Labor Department posted that the number of workers seeking unemployment benefits fell last week by 9,000 to 366,000. The figure was better than the 371,000 that many economists had predicted.

    Better-than-expected economic data boosted the Dow Jones and Standard & Poor's 500. However, downbeat news from Oracle dragged Nasdaq down. The business software giant reported a slower-than-forecast 21 percent revenue rise. Shares of Oracle led the retreat in the technology sector.

    The Dow rose 46.81 points to 12,469.67. Broader indexes went mixed. The Standard & Poor's 500 index rose 3.75 points to 1,344.88, and the Nasdaq fell 10.37 to 2,313.99.