Stock market dips slightly with tech stocks taking the biggest hit, jobless claims increase

From Bloomberg: 2024-05-05 18:32:27

The stock market experienced a slight dip on Thursday, with the Dow Jones Industrial Average falling 0.5% and the S&P 500 dropping 0.1%. Tech stocks suffered the most, with the Nasdaq Composite dropping 0.4%. Jobless claims also increased last week, signaling a possible slowdown in the economic recovery.



Read more at Bloomberg: Stock Market Today: Dow, S&P Live Updates for May 6 – Bloomberg