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Wall Street opens lower as labor market recovery slows

Published 2020-09-17, 08:46 a/m
© Reuters. Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort
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(Reuters) - Wall Street's main indexes opened lower on Thursday after data showed high levels of weekly jobless claims, while technology-related stocks resumed their slide with Apple Inc (O:AAPL) and Amazon.com Inc (O:AMZN) among the biggest drags on the Nasdaq.

The Dow Jones Industrial Average (DJI) fell 198.20 points, or 0.71%, at the open to 27,834.18.

© Reuters. Hundreds of people line up outside a Kentucky Career Center hoping to find assistance with their unemployment claim in Frankfort

The S&P 500 (SPX) opened lower by 38.63 points, or 1.14%, at 3,346.86. The Nasdaq Composite (IXIC) dropped 254.42 points, or 2.30%, to 10,796.05 at the opening bell.

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