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Wall Street opens in the red amid unexpected rise in jobless claims

Wall Street opens in the red amid unexpected rise in jobless claims

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The main indices on Wall Street began Thursday’s session on the back foot amid an unexpected rise in weekly jobless claims in the US. Shortly after the opening bell, the Down Jones Industrial Average was down 1.06% at 34,313 while the S&P 500 dropped 1.24% to 4,304 and the Nasdaq fell 1.57% to 14,434.

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