Dow Falls Over 300 Points; US Initial Jobless Claims Fall

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 300 points on Thursday. Following the market opening Thursday, the Dow traded down 0.76% to 45,872.27 while the NASDAQ fell 1.25% to 21,876.31. The S&P 500 also fell, dropping, 0.93% to 6,563.00. Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings Leading and Lagging Sectors Energy shares climbed by 0.7% on Thursday. In trading on Thursday, materials stocks fell by 2.5%. Top Headline U.S. initial jobless claims declined by 8,000 from the previous week to 205,000 in the second week of March, compared to market estimates of a 2,000 gain. Equities Trading UP Serina Therapeutics Inc (NYSE:SER) shares shot up 74% to $2.21. The company announced it entered into a $30 million private placement. Shares of China Natural Resources Inc (NASDAQ:CHNR) got a boost, surging 61% to $5.33. China Natural Resources signed a LOI to acquire a majority stake in HooRii Technology in a cash‑and‑stock deal. Sunation Energy Inc (NASDAQ:SUNE) shares were also up, gaining 40% to $2.02 after the company reported fourth-quarter results on Wednesday after market close. Equities Trading DOWN U Power Ltd (NASDAQ:UCAR) shares dropped 66% to $0.15 after the company announced pricing of $6.0 million public offering. Shares of Reviva Pharmaceuticals Holdings Inc (NASDAQ:RVPH) were down 61% to $0.73 after announcing pricing of $10 million public offering. MDJM Ltd (NASDAQ:UOKA) was down, falling 57% to $0.62. MDJM announced receipt of Nasdaq suspension determination. CommoditiesIn commodity news, oil traded up 1.3% to $97.54 while gold traded down 6.5% at $4,576.00. Silver traded down 12% to $68.250 on Thursday, while copper fell 4.1% to $5.3645. Euro zone European shares were lower today. The eurozone's STOXX 600 fell 2.8%, while Spain's IBEX 35 Index fell 2.9%. London's FTSE 100 fell 2.8%, Germany's DAX declined 3.1% and France's CAC 40 fell 2.4% during the session. Asia Pacific Markets Asian markets closed lower on Thursday, with Japan's Nikkei 225 falling 3.38%, Hong Kong's Hang Seng index dipping 2.02%, China's Shanghai Composite falling 1.39% and India's BSE Sensex declining 3.26%. Economics U.S. initial jobless claims declined by 8,000 from the previous week to 205,000 in the second week of March, compared to market estimates of a 2,000 gain. The Philadelphia Fed Manufacturing Index surged to 18.1 in March, recording the highest reading since September 2025, and up from 16.3 in February. U.S. building permits declined 4.7% month-over-month in January to an annual rate of 1.386 million. Photo via Shutterstock