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Stocks flounder as coronavirus jobless claims near 39M

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In many ways, 2020 is looking like 1918, the year the great influenza pandemic raged. Like then, science is unable to crush an insidious yet avoidable infectious disease before hundreds of thousands die from it. NEW YORK - U.S.

equity markets slipped Thursday as investors assessed millions of additional job losses tied to efforts to slow the spread of COVID-19.

The Dow Jones Industrial Average fell 41 points or 0.17 percent in the opening minutes of trading while the S&P 500 dropped 0.05 percent.

The Nasdaq Composite inched up 0.03 percent. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates Initial jobless claims for the week ended May 16 totaled 2.44 million, according to the Labor Department.

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