video not played or not found error
click on direct switch
Hosted by Dailymotion. For legal issues: Copyright Center · DMC · Instant Removal
Dow Drops 406 Points
Description
Falling tech giants dragged on benchmark indexes.
Tech names had rebounded on Wednesday. However, they resumed their downward spiral as investors shunned their still lofty valuations.
Traders also mulled weekly jobless-claims data that signaled lasting pain in the US labor market.
Jobless claims totaled 884,000 for the week that ended on Saturday, missing the economist estimate of 850,000.
Oil fell after the American Petroleum Institute reported that US stockpiles increased by nearly 3 million barrels.
West Texas Intermediate crude sank as much as 2.9%, to $36.95 per barrel.
More from User
COVID-19: Child under 10 becomes the youngest Australian to die
Wochit
Woman born with no womb gives birth to two children
Wochit
Was Meghan boring on the Ellen show on purpose?
Wochit
This is why the Queen's hands are purple in the recent photograph
Wochit
CAT REUNION
Wochit
Love Island’s Amber Gill possibly double dated by Jack Grealish
Wochit
Related Videos
Dow Drops 406 Points
Wochit Business
Dow Drops 406 Points
Wochit Entertainment
Dow Drops 406 Points
Wochit Tech
The Dow Drops 200 Points
Entertainment (now)
Dow Jones Drops 1,700 Points After January Rally
Entertainment (now)
Dow Drops 320 Points
Wochit