U.S. stocks traded lower midway through trading, with the Dow Jones index dipping more than 500 points on Thursday.
The Dow traded down 1.26% to 40,327.48 while the NASDAQ fell 1.57% to 17,322.26. The S&P 500 also fell, dropping, 1.05% to 5,464.56.
Leading and Lagging Sectors
Communication services shares gained by 1.1% on Thursday.
In trading on Thursday, information technology shares fell by 2.3%.
Top Headline
The ISM manufacturing PMI declined to 46.6 in July versus 48.5 in the prior month, below market estimates of 48.8.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded down 0.8% to $77.26 while gold traded up 0.7% at $2,489.90.
Silver traded down 1% to $28.655 on Thursday, while copper fell 1.9% to $4.0975.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 1.23%, Germany's DAX fell 2.32% and France's CAC 40 fell 2.14%. Spain's IBEX 35 Index fell 1.9%, while London's FTSE 100 fell 1.01%.
Asia Pacific Markets
Asian markets closed mixed on Thursday, with Japan's Nikkei 225 dipping 2.49%, Hong Kong's Hang Seng Index falling 0.23% and S&P BSE Sensex gaining 0.15%.
Economics
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