US stocks fell on Thursday following a rise in weekly jobless claims that added to concerns about an impending economic slowdown, while Goldman Sachs lowered its forecast for the S&P 500 index.
Initial jobless claims unexpectedly rose in the latest week and remained at elevated levels. Gross domestic product rose at an annual rate of 1.8% in the first quarter, unchanged from the previous estimate and down from analysts' expectations for more robust growth.
Initial jobless claims unexpectedly rose in the latest week and remained at elevated levels. Gross domestic product rose at an annual rate of 1.8% in the first quarter, unchanged from the previous estimate and down from analysts' expectations for more robust growth.
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