Nasdaq Dips Over 100 Points, US Initial Jobless Claims Fall

U.S. stocks traded lower this morning, with the Nasdaq Composite falling more than 100 points on Thursday.

The Dow traded down 0.40% to 43,125.19 while the NASDAQ fell 0.68% to 19,893.96. The S&P 500 also fell, dropping, 0.53% to 6,008.30.

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Leading and Lagging Sectors

Health care shares fell by just 0.1% on Thursday.

In trading on Thursday, consumer discretionary shares dipped by 0.8%.

Top Headline

U.S. initial jobless claims fell by 1,000 from the previous week to a reading of 219,000 during the second week of December, compared to market estimates of 224,000.

Equities Trading UP
                       

Equities Trading DOWN

Commodities

In commodity news, oil traded up 0.8% to $70.63 while gold traded up 0.3% at $2,643.90.

Silver traded up 0.2% to $30.355 on Thursday, while copper rose 0.5% to $4.1300.

Euro zone

In Europe, markets in Germany, France, London, Spain and Switzerland are closed for the Boxing Day holiday.

Asia Pacific Markets

Asian markets closed mostly higher on Thursday, with Japan's Nikkei 225 gaining 1.12%, China's Shanghai Composite Index gaining 0.14% and India's BSE Sensex falling 0.01%.

Economics

U.S. initial jobless claims fell by 1,000 from the previous week to a reading of 219,000 during the second week of December, compared to market estimates of 224,000.

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