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Aug. 13, 2020, 9:39 a.m. EDT

Stocks open mixed after jobless claims falls below 1 million

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By Sunny Oh

U.S. stocks traded mixed at the start of Thursday's trade as investors monitored the state of talks between Democrats and Republicans over a coronavirus relief package, while jobless claims showed a larger drop than expected. The S&P 500 /zigman2/quotes/210599714/realtime SPX +0.68% fell 0.2% to 3,373. The Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +1.21% rose 0.3% to 11,050. The Dow Jones Industrial Average slipped 81 points, or 0.3%, to 27,895. Initial claims for unemployment benefits showed marked improvement in the most recent week, falling to 963,000. Shares of Lyft Inc. /zigman2/quotes/208999293/composite LYFT -2.44% fell 5.4% after the ride-sharing company late Wednesday said riders and revenue fell by more than half in the second quarter.

/zigman2/quotes/210599714/realtime
US : S&P US
3,303.49
+22.43 +0.68%
Volume: 1.55B
Sept. 22, 2020 3:05p
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/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
10,909.35
+130.55 +1.21%
Volume: 2.36M
Sept. 22, 2020 3:05p
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/zigman2/quotes/208999293/composite
US : U.S.: Nasdaq
$ 28.20
-0.71 -2.44%
Volume: 7.55M
Sept. 22, 2020 3:05p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$9.02 billion
Rev. per Employee
$450,139
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