U.S. stocks traded lower this morning, with the Nasdaq Composite dipping more than 100 points on Thursday.
Following the market opening Thursday, the Dow traded down 2.64% to 41,110.44 while the NASDAQ fell 4.15% to 16,870.74. The S&P 500 also fell, dropping, 3.14% to 5,492.92.
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Leading and Lagging SectorsConsumer staples shares rose by 0.8% on Thursday.
In trading on Thursday, information technology shares tumbled by 5.1%.
Top Headline
U.S. initial jobless claims fell by 6,000 to 219,000 in the week ending March 29, compared to market estimates of 225,000.
Equities Trading UP
Equities Trading DOWN
CommoditiesIn commodity news, oil traded down 7.3% to $66.45 while gold traded down 2.8% at $3,077.00.
Silver traded down 7.8% to $31.95 on Thursday, while copper fell 3.3% to $4.8735.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 2.3%, Germany's DAX 40 dipped 2.3% and France's CAC 40 fell 3%. Spain's IBEX 35 Index fell 1.5%, while London's FTSE 100 fell 1.5%.
Asia Pacific Markets
Asian markets closed lower on Thursday, with Japan's Nikkei 225 dipping 2.77%, China's Shanghai Composite Index falling 0.24%, Hong Kong's Hang Seng Index falling 1.52% and India's BSE Sensex falling 0.42%.
Economics
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