SLB - Dow Plunges Over 500 Points Following Unexpected Surge In US Jobless Claims | Benzinga
The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index moved to the “Neutral” zone on Thursday.
U.S. stocks closed lower on Thursday, with the Dow Jones index falling more than 500 points during the session.
On the economic data front, U.S. initial jobless claims increased by 10,000 to 243,000 in the week ending July 13, compared to market estimates of 230,000. The Philadelphia Fed Manufacturing Index rose to 13.9 in July, recording the strongest level in three months, versus 1.3 in June.
Abbott Laboratories (NYSE:ABT) reported ...