The 1,861 point loss equates to 6.9 percent. Reports of surging coronavirus cases in states that have reopened fueled the sell-off. (Las Vegas Review-Journal)
The U.S. Department of Labor released the shattering numbers on Thursday. Jobless claims had been as low as 282,000 the previous week. The 3.28 million jobless claims for last week is more than double the 1.5 million new claims that analysts were expecting. (Las Vegas Review-Journal)