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  • stocks on Wall Street fell at the open Thursday but then pared their losses.

  • Utilities, financials and materials stocks led the decline, but tech stocks turned around, lifting the NASDAQ RISING.

  • Fears of stalling economic growth weighed on investor sentiment amid soaring cases of CO vid 19 and an unexpected rise in weekly jobless claims theory.

  • U.

  • S death toll from the coronavirus surpassed a grim new milestone of 250,000 on Wednesday, and on Thursday the Labor Department reported that initial jobless claims rose last week to 742,000.

  • Summit Place Financial Advisers President Liz Miller says prices on some growth stocks have gotten too high.

  • We certainly could see some year end additional pull back.

  • I wouldn't be surprised to see, you know, 10% kind of Pullbacks, but I don't think that isn't all a signal that it's time to leave any of these investments behind.

  • Shares of Macy's dropped in early trading.

  • The department store operator's quarterly comparable sales plunged by more than 1/5 and warned that sales would continue to decline into the fall.

  • That signals a tough holiday shopping season ahead.

stocks on Wall Street fell at the open Thursday but then pared their losses.

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