Stocks trimmed losses on Thursday after data showed new orders received by U.S. factories fell for a sixth straight month in January but the drop was less than expected.

The Dow Jones industrial average <.DJI> fell 90.56 points, or 1.32 percent, to 6,785.28. The Standard & Poor's 500 Index <.SPX> lost 9.67 points, or 1.36 percent, to 703.20. The Nasdaq Composite Index <.IXIC> was down 12.78 points, or 0.94 percent, at 1,340.96.

(Reporting by Leah Schnurr; Editing by James Dalgleish)