U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 1% on Thursday.
Following the market opening Thursday, the Dow traded down 0.50% to 45,889.75 while the NASDAQ fell 1.38% to 22,187.39. The S&P 500 also fell, dropping, 0.94% to 6,575.35.
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Leading and Lagging Sectors
Consumer staples shares jumped by 0.5% on Thursday.
In trading on Thursday, communication services stocks fell by 1.5%.
Top Headline
Initial jobless claims declined by 14,000 from the previous week to 218,000 in the third week of September, compared to market estimates of 235,000.
Equities Trading UP