U.S. equity markets dipped Thurs day after a weekly report showed job losses since the outbreak o f the COVID-19 pandemic have rea

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U.S. equity markets dipped Thursday after a weekly report showed job losses since the outbreak of theÂ COVID-19Â pandemic have reached 46 million.

U.S. equity markets dipped Thursday after a weekly report showed job losses since the outbreak of theÂ COVID-19Â pandemic have reached 46 million. The Dow Jones Industrial Average fell 206 points, or 0.79 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite dropped 0.52 percent and 0.18Â percent, respectively. The major averages finished mixed on Wednesday after Federal Reserve Chairman Jerome Powell said the U.S. government might need to do more to contain the economic damage caused by the COVID-19 pandemic.

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