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U.S. stocks traded lower this morning, following the release of jobless claims data.
Following the market opening Thursday, the Dow traded down 0.16% to 33,895.80 while the NASDAQ fell 0.35% to 13,455.17. The S&P 500, also fell, dropping, 0.27% to 4,353.73.
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U.S. initial jobless claims came in at 264,000 for the week ending June 17, unchanged from a revised higher level of 264,000 the prior week and slightly above expectations of 260,000.
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In commodity news, oil traded down 2.8% to $70.52 while gold traded down 0.7% at $ 1,930.90.
Silver traded down 1.2% to $22.535 on Thursday while copper fell 0.1% to $3.9095.
European shares were lower today. The eurozone’s STOXX 600 fell 0.71%, London’s FTSE 100 fell 0.84% while Spain’s IBEX 35 Index fell 0.94% The German DAX dropped 0.44% French CAC 40 fell 0.87% and Italy’s FTSE MIB Index fell 0.70%.
The manufacturing climate indicator in France climbed to 101 in June versus a 26-month low level of 99 in the previous month.
Asian markets closed lower on Thursday, with Japan’s Nikkei 225 dropping 0.92% and India’s S&P BSE Sensex falling 0.4%.
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The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 107,260,950 cases with around 1,167,510 deaths. India confirmed a total of at least 44,993,670 cases and 531,890 deaths, while France reported over 40,128,660 COVID-19 cases with 167,590 deaths. In total, there were at least 690,657,840 cases of COVID-19 worldwide with more than 6,893,590 deaths.