Stocks fell, with a selloff accelerating into Thursday afternoon as investors focused on the U.S.’s unchecked coronavirus crisis and a new rise in jobless claims. Tech shares led declines, with each of Facebook, Amazon, Apple, Netflix, Alphabet and Microsoft falling during intraday trading.
New weekly unemployment insurance claims rose by more than 1.4 million last week, with the level of new claims increasing for the first time since mid-March. Last week, new claims were slightly above 1.3…
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