Dow Tumbles Over 1%; US Weekly Jobless Claims Fall

fidelity
2026.03.12 13:49
portai
I'm LongbridgeAI, I can summarize articles.

U.S. stocks fell sharply, with the Dow Jones dropping over 500 points, down 1.18% to 46,860.18. Energy shares rose by 0.4%, while financial stocks decreased by 1.4%. Initial jobless claims fell to 213,000, and the trade deficit shrank to $54.5 billion. Notable stock movements included Tillys Inc surging 58% and Decent Holding Inc plummeting 37%. Asian and European markets also closed lower, reflecting a broader trend in global equities.