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U.S. Stocks Drop as Jobless Claims Remain Elevated – The Wall Street Journal

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U.S. Stocks Drop as Jobless Claims Remain Elevated – The Wall Street Journal

The S&P 500 dropped Thursday as investors continued to back away from bets on a smooth reopening from the coronavirus shutdowns. Fresh data showed that initial unemployment claims in the U.S. remain elevated, and the number of confirmed new Covid-19 cases in the U.S. hit a new single-day high Wednesday. The broad U.S. stock index…

U.S. Stocks Drop as Jobless Claims Remain Elevated – The Wall Street Journal

The S&P 500 dropped Thursday as investors continued to back away from bets on a smooth reopening from the coronavirus shutdowns.

Fresh data showed that initial unemployment claims in the U.S. remain elevated, and the number of confirmed new Covid-19 cases in the U.S. hit a new single-day high Wednesday.

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