Nasdaq Down Over 1%; US Initial Jobless Claims Fall

1. S&P 500 fell 0.94% amid overall weak stock performance on Thursday. 2. Initial jobless claims decreased, indicating stronger labor market conditions. 3. Wholesale inventories declined, contrasting with market expectations of an increase. 4. Durable goods orders rose significantly, surpassing estimates and previous declines. 5. Key commodities like oil and gold also traded lower.