US stocks fall again in ‘exhausted’ market

us stocks fall again in exhausted market

Sumary of US stocks fall again in ‘exhausted’ market:

  • US jobless claims dropped for a second straight week, hitting a new pandemic low and getting closer to their level before Covid-19 broke out.
  • “The Dow Jones Industrial Average dropped 0.4 percent to 34,879.38. .
  • } The broad-based S&P 500 declined 0.2 percent to 4,493.28 while the tech-rich Nasdaq Composite Index shed 0.3 percent to 15,248.25.Major US carriers, such as American Airlines and United Airlines, rallied more than 2 percent despite warning of lower third-quarter sales due to the latest Covid-19 wave.

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