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Feb 26, 2026 12:01 PM

Nasdaq Tumbles Over 350 Points; US Initial Jobless Claims Increase

U.S. stocks traded mostly lower this morning, with the Nasdaq Composite dipping more than 350 points on Thursday.

The Dow traded down 0.10% to 49,432.55 while the NASDAQ dipped 1.57% to 22,788.62. The S&P 500 also fell, dropping, 0.88% to 6,884.75.

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Leading and Lagging SectorsFinancial shares gained by 1.2% on Thursday.

In trading on Thursday, information technology stocks fell by 2.2%.

Top Headline

U.S. initial jobless claims rose by 4,000 from the previous week to 212,000 during the third week of February, compared to market estimates of 215,000.

Equities Trading UP           

Avalon Globocare Corp (NASDAQ:ALBT) shares shot up 123% to $1.14 after the company announced that it has been accepted into the Advanced Micro Devices AI Developer Program.

Shares of Antelope Enterprise Holdings Ltd (NASDAQ:AEHL) got a boost, surging 79% to ...