US stocks fells sharp:Industrial Average fell 130.4 points, or 0.47%

US stocks fells sharp:Industrial Average fell 130.4 points, or 0.47%

US stocks fell on Thursday as technology-related shares slid for a second day and as government data showed high levels of weekly jobless claims.

The Dow Jones Industrial Average fell 130.4 points, or 0.47%, to 27,901.98, the S&P 500 lost 28.48 points, or 0.84%, to 3,357.01 and the Nasdaq Composite dropped 140.19 points, or 1.27%, to 10,910.28.