MamaMillyloves87
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On Thursday, the S&P 500 and Nasdaq rose to records on the back of better-than-expected jobless claims data. The initial filings for unemployment insurance fell to their lowest levels since March 2020.
The S&P 500 climbed 0.3%, hitting its 54th record closing high of 2021. The technology-heavy Nasdaq Composite rose 0.14% to close at an all-time high. The Dow Jones Industrial Average popped 131 points or 0.4%.
$S&P 500 Index(.SPX.US$ $Quanta Services(PWR.US$
The S&P 500 climbed 0.3%, hitting its 54th record closing high of 2021. The technology-heavy Nasdaq Composite rose 0.14% to close at an all-time high. The Dow Jones Industrial Average popped 131 points or 0.4%.
$S&P 500 Index(.SPX.US$ $Quanta Services(PWR.US$
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MamaMillyloves87
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What happened to the stock market last Friday?
$20 billion stock fire sale
Major U.S. entertainment companies $ViacomCBS Inc(VIAC.US)$ and $Discovery, Inc.(DISCA.US)$ both dropped27%, their biggest declines ever. In all, $35 billion was wiped off of a range of bellwether stocks.
The U.S. listings of Chinese tech giants also experience huge moves, with the likes of Chinese online education provider $GSX Techedu(GSX.US)$ falling 42%....
$20 billion stock fire sale
Major U.S. entertainment companies $ViacomCBS Inc(VIAC.US)$ and $Discovery, Inc.(DISCA.US)$ both dropped27%, their biggest declines ever. In all, $35 billion was wiped off of a range of bellwether stocks.
The U.S. listings of Chinese tech giants also experience huge moves, with the likes of Chinese online education provider $GSX Techedu(GSX.US)$ falling 42%....
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