Dow and S&P 500 sink after economic data deluge

The Dow and the S&P 500 ended in the red on Thursday. Investors are still wrapping their heads around the morning’s economic data including the GDP report, which finally put a number on just how badly the economy fared during the spring lockdown, as well as an increase in weekly jobless claims.

The Dow and the S&P 500 ended in the red on Thursday. Investors are still wrapping their heads around the morning’s economic data including the GDP report, which finally put a number on just how badly the economy fared during the spring lockdown, as well as an increase in weekly jobless claims.