U.S. stocks fall; Dow sees triple-digit loss Jobless claims fall to seven-year low NEW YORK (MarketWatch) — The U.S. stock market moved lower as a decision by one of Portugal’s biggest banks to delay a debt payment reminded investors of the fragility of Europe’s banking system. Investor worries centered on Espirito Santo Financila Group SA . Better-than-expected U.S. jobless claims did little to counter that. The number of people who applied for unemployment benefits in the first week of July fell to a seven-year low. The S&P 500 (SNC:SPX) fell 13 points, or 0.7%, to 1,959.18. The Dow Jones Industrial Average (DJI:DJIA) dropped 114 points, or 0.7% to 16,871.17. The Nasdaq Composite (NASDAQ:COMP) shed 39 points, or 0.9%, to 4,380.01. http://www.marketwatch.com/story/us-stocks-futures-plunge-as-fed-minutes-sink-in-2014-07-10
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.