US stock markets ended lower on Thursday due to concerns over the economic impact of the coronavirus pandemic.US retail sales rose more than expected in June, but a resurgence in new covid-19 cases is undercutting the budding recovery, keeping 32 million Americans on unemployment benefits.A jump in cases of the virus has forced California and other states to shut down again, sparking fears of more business damage and slowing the pace of a Wall Street rally.
The S&P 500 is about 5% below its February record high.The Dow Jones Industrial Average fell 0.5% to end at 26,734.71 points, while the S&P 500 lost 0.34% to 3,215.57.