US stock rally halts as investors shun tech giants
, according to the Labor Department. Economists expected a reading of 950,000.
Continuing claims, which track Americans receiving unemployment benefits, reached 13.3 million for the week ended August 22, falling from the prior week's revised figure.Tesla shares continued their downward trend. The automaker touched record highs as recently as Tuesday butGold fell below $1,940 while the dollar retraced some Wednesday losses.
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