U.S. stocks traded mostly lower this morning, with the Dow Jones dropping 100 points on Thursday.
Leading and Lagging Sectors
In trading on Thursday, consumer staples shares fell by 0.9%.
Top Headline
Unemployment insurance filings fell for a fourth straight week to the lowest levels since May showing continued strength in U.S. labor demand. Jobless claims fell 6,000 for the week ending Sept. 3 to 222,000 from a downwardly revised level of 228,000 in the prior week, according to data the Labor Department released on Thursday. The number came in below average economist estimates of 240,000.
Equities Trading UP
Equities Trading DOWN
Also check out: Why IMARA Jumped Around 75%; Here Are 54 Biggest Movers From Yesterday
Commodities
In commodity news, oil traded up 2.2% to $83.77, while gold traded down 0.3% at $1,722.80.
Silver traded up 0.9% to $18.415 on Thursday while copper rose 1.8% to $3.4940.
Euro zone
European shares were lower today. The eurozone’s STOXX 600 fell 0.3%, London’s FTSE 100 fell 0.3%, while Spain’s IBEX 35 Index fell 0.2%. The German DAX dropped 1%, French CAC 40 fell 0.5% and Italy’s FTSE MIB Index fell 0.3%.
The ECB has raised the interest rate by 75 bps to 1.25%, in line with the expectations. It hiked the Deposit Facility rate by 75 bps to 0.75%, higher than the expected 0.50%. Its Marginal Lending Facility rate now stands at 1.50%.
France recorded a current account deficit of EUR 5.3 billion in July versus a revised EUR 1.5 billion gap in the prior month, while trade gap widened to €14.54 billion in July versus a revised €13.08 billion in the previous month. Payroll employment in France’s private sector increased by 0.5% to 20.72 million in the second quarter.
Economics
Check out this: Volatility In Markets Decreases After Dow Surges Over 400 Points
COVID-19 Update
The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 96,870,370 cases with around 1,074,170 deaths. India confirmed a total of at least 44,478,630 cases and 528,090 deaths, while France reported over 34,643,240 COVID-19 cases with 154,370 deaths. In total, there were at least 612,184,990 cases of COVID-19 worldwide with more than 6,509,870 deaths.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
