Dow Dips Over 300 Points; US Initial Claims Rise
1. U.S. stocks, including the S&P 500, traded lower today. 2. Initial jobless claims rose by 7,000, above expectations. 3. Utilities stocks surged 1.2%, while health care dropped 1.2%. 4. Aveanna Healthcare shares surged 42% post-earnings results. 5. S&P 500 dipped 0.45%, reflecting broader market downturn.