The “Fearless Girl” statue stands in front of the New York Stock Exchange (NYSE) at Wall Street on June 29, 2020 in New York City.
Angela Weiss | AFP | Getty Images
Dow Jones Industrial Average falls 80 points
Initial jobless claims below 1 million
Initial U.S. weekly jobless claims fell to 963,000, the Labor Department said. That’s below a Dow Jones estimate of 1.1 million. It was also the first time since March that jobless claims came in below 1 million. Thursday’s data was the latest indication of an improving labor market. To be sure, investors continued to keep a watchful eye on Washington, where the nation’s top lawmakers continue to haggle over a new coronavirus-relief package for American households and businesses.
Cisco and airlines drop
What happens next?
Retail sales and consumer sentiment are among the economic numbers set for release on Friday.
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