The Dow slid 39.51 points, or 0.2%, to 26,080.10. The S&P 500 was flat to close at 3,115.34. The Nasdaq Composite rose 0.3% 9,943.05. Disappointing unemployment data and rising coronavirus cases dampened Wall Street sentiment on Thursday.
The Labor Department said Thursday that an additional 1.5 million Americans filed for unemployment benefits last week. Economists polled by Dow Jones had forecast an increase of 1.3 million. Meanwhile, California reported its largest-ever daily increase of coronavirus cases. States such as Arizona and Texas have also seen increases in coronavirus cases recently.
Wall Street will try to close out Friday with its fourth weekly gain in five while monitoring the latest news on the coronavirus.
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