The S&P 500 and Nasdaq fell on Thursday with Apple leading declines in megacap growth stocks on concerns over China's iPhone curbs, while weaker-than-expected jobless claims data stoked worries about sticky inflation.
the number of Americans filing for unemployment claims stood at 216,000 for the week ended Sept. 2, compared with estimates of 234,000 claims.
Expectations that the Fed was nearing the end of its rate-hike cycle have been watered down in recent days by stronger-than-expected U.S. economic data.
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