Supply Chain Council of European Union | Scceu.org
Supply Chain Risk

Dow Swings Sharply as Jobless Claims Remain Elevated

U.S. stocks tumbled again Thursday as investors weighed the consequences of new jobless claims data and rising tensions between the U.S. and China.

The morning was particularly rocky. The Dow Jones Industrial Average tumbled after the opening bell, sliding more than 450 points, before staging a furious rally and briefly turning positive. Those gains were short-lived, however, and the blue-chip index was down 135 points, or 0.6%, in midday trading.

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