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Stocks fall for a second day on continuing virus concern, worse-than-expected jobless claims


Thursday, 25 June 2020 20:45 WIB

S & P 500Saham AS


Stocks fell for a second day on Thursday following the release of disappointing unemployment data while traders grappled with a rising number of coronavirus cases.

The Dow Jones Industrial Average traded 101 points lower, or 0.4%. The S&P 500 slid 0.2% while the Nasdaq Composite hovered around the flatline.

An additional 1.48 million Americans filed for unemployment benefits last week, the Labor Department said. Economists polled by Dow Jones expected a print of 1.35 million. This marks the second straight week that U.S. jobless claims data were worse than expected.

Source: CNBC


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