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U.S. stocks traded lower midway through trading, with the Nasdaq Composite dipping around 150 points on Thursday.
The Dow traded down 0.33% to 40,755.96 while the NASDAQ fell 0.86% to 17,764.21. The S&P 500 also fell, dropping, 0.46% to 5,594.92.
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Leading and Lagging Sectors
Energy shares climbed by 0.1% on Thursday.
In trading on Thursday, consumer discretionary shares fell by 0.8%.
Top Headline
U.S. initial jobless claims rose by 4,000 from the prior week to 232,000 in the week ending August 17th, compared to market expectations of 230,000.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded up 1.7% to $73.13 while gold traded down 1.3% at $2,513.30.
Silver traded down 1.7% to $29.02 on Thursday, while copper fell 1.2% to $4.1385.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.42%, Germany's DAX rose 0.34% and France's CAC 40 gained 0.11%. Spain's IBEX 35 Index rose 0.49%, while London's FTSE 100 rose 0.03%.
The S&P Global UK composite PMI climbed to 53.4 in August, notching the highest level since April. The HCOB Eurozone composite PMI surged to 51.2 in August from 50.2 a month ago.
The HCOB France composite PMI rose to 52.7 in August from 49.1 in the previous month, while Germany composite PMI fell to 48.5 in August from July’s reading of 49.1.
Asia Pacific Markets
Asian markets closed higher on Thursday, with Japan's Nikkei 225 gaining 0.68%, Hong Kong's Hang Seng Index gaining 1.44%, China's Shanghai Composite Index falling 0.27% and India's BSE Sensex rising 0.18%.
The HSBC India Composite PMI slipped to 60.5 in August versus 60.7 in the previous month, while Japan composite PMI climbed to 53.0 in August from 52.5 a month ago.
Economics
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