Dow Jones trims losses, but closes lower for third straight day

2020-10-15 22:10:42 GMT (Economies.com)
Dow Jones trims losses, but closes lower for third straight day

US stock indices fell on Thursday, for the third straight day, but these losses were trimmed after President Donald Trump's statements.

 

Data showed that the initial unemployment claims rose to 898K last week, worse than forecasts of 810K, vs. 845K last week.

 

The administration of President Donald Trump administration proposed to the Congress a $1.8 trillion fiscal stimulus package.

 

This came despite Trump's decision last week to stop the second Covid-19 stimulus talks between Republicans and Democrats in Congress until after the presidential election in November.

 

To the oil market, WTI crude November futures at Nymex fell by 0.2% or 8 cents, to close at $40.96 a barrel, after hitting a high of $41.2 and a low of $39.2.

 

Brent December futures fell 0.4% or 16 cents, to $43.16 a barrel, with a high of $43.4 and a low of $41.5.

 

As for stocks, Dow Jones fell 0.1% or 20 points to close at 28,494, after it hit a day high 28,535 and a low 28,181.

 

Nasdaq fell 0.4% or 55 points to 11,714 points, with a high of 11,740 and a low of 11,559.

 

S&P 500 fell 0.1% or 5 points to 3,483, with a high of 3,489 and a low of 3,440.

 
 
 
  Symbol Last Change Chg.%
1.1837
0.0058
0.4894%
1.3028
0.0041
0.3134%
Tadawul
8154.59
-312.66
3.69%
24.360
-0.413
1.667%
39.143
-1.800
4.395%
41.77
-0.87
2.04%
1898.905
-13.110
0.686%
 
 
US
 
Europe
 
Asia