US Stock Market Today: Dow Slips Below 50,000 as S&P 500, Nasdaq Fight to Hold Record Highs
The Dow slipped below 50,000 by midday Thursday as oil prices fell nearly 3% on hopes for a U.S.-Iran deal, dragging energy shares lower. The S&P 500 and Nasdaq hovered near record highs, with tech stocks steady. Jobless claims rose to 200,000, less than expected. Index funds SPY and DIA were down about 0.2% and 0.5%, respectively, while QQQ was flat.