The Hunt for the Next 10 Bagger

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U.S. stocks end lower; Europe worries resurface
Jobless claims fall to seven-year low
NEW YORK (MarketWatch) — The U.S. stock market fell, but ended well off the day’s lows, 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, although those worries seemed to abate over the course of the trading session. Also read: 5 things to know about Banco Espirito Santo and Europe.

Meanwhile, U.S. economic data continued to show an improving economy. 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) closed down 8.12 points, or 0.4%, to 1,964.71. The Dow Jones Industrial Average (DJI:DJIA) dropped as much as 180 points at session lows, but ended the day down 70.35 points, or 0.4%, at 16,915.20. The Nasdaq Composite (NASDAQ:COMP) lost 22.83 points, or 0.5%, to 4,396.20. http://www.marketwatch.com/story/us-stocks-futures-plunge-as-fed-minutes-sink-in-2014-07-10