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Here's what happened to the stock market on Thursday

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Another increase in coronavirus cases and news of easier banking regulation left the market struggling for direction throughout Thursday's session.

Florida reported on Thursday 5,004 additional coronavirus cases. That's slightly down from the state's single-day record of 5,508, which was reported Wednesday. In Arizona, cases jumped by 5.1%, topping the state's seven-day average of 2.3%. Meanwhile, Texas Gov.

Greg Abbott said thegiven the recent spike in cases and hospitalizations. This recent uptick comes after the U.S. suffered its single-biggest daily coronavirus cases surge on record. Concerns over the the coronavirus pushed the Dow down more than 200 points earlier in the day. Stocks recovered to close higher in the final hour of trading.

 

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