News Formal

US stocks end lower after another jump in jobless claims

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

US stocks finish lower, Dow down 0.4%, Nasdaq drops 1%

NEW YORK - Wall Street stocks finished lower on Thursday following a choppy session as markets weighed heightening US-China tensions and another spike in jobless claims.The broad-based S&P 500 dropped 0.8 per cent to 2,948.51, while the tech-rich Nasdaq Composite Index tumbled 1 per cent to 9,284.88.

"Every other day is another direction," said Art Hogan, chief market strategist at National Securities. "We're as glued to the coronavirus news as much as the economic news and that's going to cause a lot of volatility," Hogan said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Traders Beware: US taps new tools to find fraud in volatile commodities marketWhen the U.S. Department of Justice charged a handful of JP Morgan Chase & Co traders in 2018 and 2019 with alleged commodities futures ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »