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US stocks mixed as investors worry about inflation after jobless claims hit 16-month low – ABC News

Wall Street’s major indexes finished off their lows but a drop in new claims for unemployment benefits stoked inflation fears,…

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US stocks have pared their losses while claims for unemployment benefits in the US hit a pandemic low. 
Key points:

  • Nasdaq Composite falls 0.7pc to 14,543, the S&P 500 falls 0.3pc to 4,360 and the Dow Jones rises 0.15pc to 34,987
  • FTSE 100 drops 1.1pc to…

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