REUTERS: Wall Street's main indexes fell on Thursday as technology-focused stocks lost strength, while elevated jobless claims and a slowdown in services sector fueled fears of a slow and prolonged economic recovery.
Unprecedented fiscal and monetary support as well as increasing bets on stay-at-home tech stocks have been powering the U.S. stocks markets in the recent weeks. Financial and energy sectors, the two worst performing S&P sectors this year, were in a bright spot, jumping 0.8per cent and 1.2per cent, respectively.
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