9/16, 5:15 PM (Source: TeleTrader)
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Wall Street extends losses as jobless claims rise

Major stock markets in the United States registered major losses on Thursday following the news that the number of initial jobless claims increased during the first week of September.

Later today, President Joe Biden is scheduled to speak about "leveling the playing field" in the United States economy.

The Dow Jones plunged by 0.59% or 203 points at 11:13 am ET, while the Nasdaq 100 tumbled 0.63% or 98 points. The S&P 500 lost 0.62% a minute later. The euro declined by 0.46% to sell for 1.17622.

Breaking the News / ND