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Tech sell-off hits Wall St as jobless claims remain elevated

WorldNews Thursday, 17 September 2020
Tech sell-off hits Wall St as jobless claims remain elevatedWall Street's main indexes fell on Thursday after data showed high levels of weekly jobless claims, while technology-related stocks resumed their slide with Apple Inc and Amazon.com Inc among the biggest drags on the Nasdaq. Nine out of the 11 major S&P 500 sector indexes were lower, with technology stocks leading sectoral declines. "A lot of this is retail investing. Everybody's trying to book profits, but also trying not to spook...
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Video Credit: Reuters Studio - Published
News video: Wall St. rocked by historically high jobless claims

Wall St. rocked by historically high jobless claims 02:02

The Dow ended lower for the first time in five sessions amid a broad-based sell across Wall Street after data showed high levels of weekly jobless claims. Conway G. Gittens has more.

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