U.S. stocks traded mostly lower toward the end of trading, with the Nasdaq Composite dropping over 100 points on Thursday.
The Dow traded down 0.03% to 31,126.24 while the NASDAQ fell 0.94% to 11,608.98. The S&P 500 also fell, dropping, 0.60% to 3,922.16. Also check this: Ethereum Records Gains; Here Are The Top Crypto Movers For Thursday
Health care shares climbed 1.2% on Thursday. Meanwhile, top gainers in the sector included Annovis Bio, Inc. ANVS , up 13% and SmileDirectClub, Inc. SDC up 13%.
In trading on Thursday, utilities shares fell by 2%.
Import prices in the US declined 1.0% from a month ago in August. US export prices fell 1.6% from a month ago in August
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In commodity news, oil traded down 3.4% to $85.47, while gold traded down 1.9% at $1,677.20.
Silver traded down 1.6% to $19.265 on Thursday while copper fell 0.8% to $3.4925.
European shares closed mostly lower today. The eurozone’s STOXX 600 fell 0.65%, London’s FTSE 100 rose 0.07%, while Spain’s IBEX 35 Index gained 0.37%. The German DAX declined 0.55%, French CAC 40 fell 1.04% and Italy’s FTSE MIB Index slipped 0.21%.
The Eurozone posted a trade deficit of EUR 34 billion in July, recording the ninth straight gap. Imports jumped by 44% to EUR 269.5 billion, while exports increased 13.3% to EUR 235.5 billion. Hourly labor costs in the Eurozone rose by 4.2% year-over-year in the second quarter following a revised 4.0% growth in the prior period.
Annual inflation rate in France fell to 5.9% in August from 6.1% in the previous month, while wholesale prices in Germany increased by 18.9% year-over-year in August.
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The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 97,340,010 cases with around 1,077,470 deaths. India confirmed a total of at least 44,516,470 cases and 528,250 deaths, while France reported over 34,798,130 COVID-19 cases with 154,610 deaths. In total, there were at least 615,621,900 cases of COVID-19 worldwide with more than 6,523,540 deaths.
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