U.S. stocks declined Thursday as investors reacted to a surprise drop in jobless claims, which added uncertainty to the outlook for interest rate cuts amid signs of division within the Federal Reserve. The Dow fell .4%, the S&P 500 lost .5%, while the Nasdaq was off .4%, extending this most recent two-day slide. Markets are cooling off from the recent AI-driven rally, heightened concerns over stretched valuation and fading optimism over further rate cuts. Jobless claims fell to 218k, and con…
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