Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City.
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Dow Jones Industrial Average falls 39 points
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.
Jobless claims rise more than expected
Retailers struggle, Microsoft strong
Retailers such as Kohl’s and Nordstrom declined, closing the session down about 1% each. Microsoft added 1% to help lift the Nasdaq.
What happens next?
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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Disappointing unemployment data and rising coronavirus cases dampened Wall Street sentiment on Thursday.