US stocks fall on weak data

US stocks fell on Thursday, after the release of disappointing economic data, in addition to a rise in bond yields following the Federal Reserve meeting minutes.

The US Department of Labor showed that the unemployment claims fell to 207K during the past week, worse than forecasts of 199K, and worse than the previous reading of 200K.

The US jobs report will be released on Friday, which shows the state of the labor market and unemployment.

The 10-year US Treasury bond yield rose to a 9-month high at 1.72%, following the Federal Reserve meeting minutes, which showed Federal Reserve officials are preparing to move quicker in raising interest rate than expected..

As for stocks, Dow Jones fell 0.4% or 140 points to 36,267 as of 15:16 GMT, and S&P 500 fell 0.3% or 15 points to 4,685, while Nasdaq fell 0.6% or 100 points to 15,000.