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